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1. Below is the projected financial information for Daisy Digital Data (DDD) for the next four quarters: Net income includes additional expenses other than those
1. Below is the projected financial information for Daisy Digital Data (DDD) for the next four quarters: Net income includes additional expenses other than those listed. What are DDD's permanent and temporary working capital needs? If DDD ends quarter 0 with $200 in cash, then what are DDD's maximum borrowing needs and in what quarter does this occur? What are DDD's average operating cycle and average cash conversion cycle (in days? 1. Below is the projected financial information for Daisy Digital Data (DDD) for the next four quarters: Net income includes additional expenses other than those listed. What are DDD's permanent and temporary working capital needs? If DDD ends quarter 0 with $200 in cash, then what are DDD's maximum borrowing needs and in what quarter does this occur? What are DDD's average operating cycle and average cash conversion cycle (in days
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