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(50 pts) The PDA Products Company was started in 2013. A difficult operating year, 2014 , was followed by a profitable 2015 . However, the
(50 pts) The PDA Products Company was started in 2013. A difficult operating year, 2014 , was followed by a profitable 2015 . However, the founders are still concerned about the venture's liquidity position and the amount of cash being used to operate A. Determine the firm's cash build and cash burn for 2015. Did PDA have a net cash build or a net cash burn for 2015 ? ( 30pts ) B. Calculate the length of PDC s cash conversion cycle for 2015. (20 pts)
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