Question: Werk 5. Skill Assessment o 3. Problem 16.01 (Cash Conversion Cycle) and Study Tools ptions Cuccess Tips ebook Pro Walk Thrah Paramore Corp has 110

 Werk 5. Skill Assessment o 3. Problem 16.01 (Cash Conversion Cycle)

Werk 5. Skill Assessment o 3. Problem 16.01 (Cash Conversion Cycle) and Study Tools ptions Cuccess Tips ebook Pro Walk Thrah Paramore Corp has 110 million of sales 12 milion of inventories $2.5 million of receivables and $2.25 million of payable its cost of good soldi 75% of sales, and it finances waring capital with bank loan toe. Assume 30 days in year for your calculations 1. What is Paramore's a conversion de (CCC) Do not found intermediate calculations. Round your awer to two decimal days RSS Tips FOR YOU 2. Paramore could inventories and receives by each and increase its payables w124 without affecting sales or cost of goods sold what would be the new CCC Do not found intermediate allations on your new to two decimal places dan A-2 sa first- tudent 2. How much as would be trued up, Paramore could tower its inventories and receivables by 12sach und nayable by 12 without affecting sales or cost of condol write out your newer compte. For example, 11 milion should be entered as 11,200.000 Do not found intermediate contrond your answer to the rest dulot 4. by how much as prof. Partimore could wrisinvestors and receivables by 1 ach and increase its payable by 13 without lecting cost of goods sold write out your completely. For example, 132 on should be entered as 1.200,000. Do not found intermediate clations. Round your answer to the rest dollar $ edback 3 . A > G 11F Sunny

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