With concerns of increased competition, Genatron is planning in case its 2018 sales fall by 5 percent

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With concerns of increased competition, Genatron is planning in case its 2018 sales fall by 5 percent from their 2017 levels. If cost of goods sold and the current asset and liability accounts decrease proportionately, calculate the following:

a. The 2018 cash conversion cycle.

b. The 2018 net investment in working capital.

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Introduction to Finance Markets, Investments and Financial Management

ISBN: 978-1119398288

16th edition

Authors: Ronald W. Melicher, Edgar A. Norton

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Question Posted: Jul 19, 2024 03:01 PM

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With concerns of increased competition, Genatron is planning in case its 2018 sales fall by 5 percent

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a 5 decline 2016 2017 2018 Sales 1300000 1500000 1425000 Cost of Goods sold 780000 ...View the full answer

Introduction to Finance Markets, Investments and Financial Management

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