WIL PROJECT CASE STUDY ORIENTATION Week 4 Applicable VLOs for This Weeks Case Study 2. Integrate knowledge of capital investments, credit planning, and finance into relevant aspects of work. This Weeks Detailed Case Study Information Finance was your favorite subject at Lambton College. After joining the labour force, you realized the value of your education from Lambton College, and now comes the time to apply this knowledge. You will utilize your knowledge of capital investments, credit planning, and finance, to recommend the best course of action for the company. TYU Company is a newly established retailer in the local market. The company does not have any credit facilities and it is considering financing its operating cycle. Currently the company purchases supplies on credit from a major wholesaler. The company repays the credit after 25 days from the date of order placement (days payable outstanding). It takes around 27 days for the goods to reach the company, and on average, the inventory is stored for 49 days prior to its sale (days inventory outstanding). All of the companys sales are on credit. Accounts receivables are usually collected within 24 days (days receivables outstanding). The company is willing to finance its operations. The company is negotiating with a local bank the following credit facilities: Line of Credit Revolving Loan (Accounts receivables discounting) Installment loan Your task is: Calculate the approximate Cash Conversion Cycle (CCC) Recommend the best credit facility, and explain why it appropriate, and why it should be selected. Deliverables, Format and Marking Scheme for This Weeks Case Study Evaluation: Calculating the Cash Conversion Cycle (2%) Recommending the correct credit facility (3%) Note: assume any missing information. Clearly state your assumptions in your submissions. Summarize your findings in a two-page word document. white_check_mark eyes raised_hands React Reply