Question
A firm currently has a 35-day cash cycle. Assume that the firm changes its operations such that it decreases its receivables period by 4 days,
A firm currently has a 35-day cash cycle. Assume that the firm changes its operations such that it decreases its receivables period by 4 days, increases its inventory period by 2 days and decreases its payables period by 3 days. What will the length of the cash cycle be after these changes? How did you calculate the number?
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Investing In Mortgage Backed And Asset Backed Securities
Authors: Glenn M. Schultz, Frank J. Fabozzi
1st Edition
1118944003, 978-1118944004
