Question: Use the given information about BBB Pty Ltd to answer the questions that follow: Required: a. Define the cash conversion cycle. (2 marks) b. Calculate

Use the given information about BBB Pty Ltd to answer the

Use the given information about BBB Pty Ltd to answer the questions that follow: Required: a. Define the cash conversion cycle. (2 marks) b. Calculate BBB's Average Age of Inventory. (4 marks) c. Calculate BBB's Average Collection Period. (4 marks) d. Calculate the Accounts Payable Period. (4 marks) e. Calculate the BBB's cash conversion cycle. (4 marks) f. Advise BBB on what they should do to reduce their cash conversion cycle. (3 marks) g. Explain two strategies that BBB can use to fund its cash conversion cycle requirements. (4 marks)

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