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below to answer the following questions: Notes: Assume purchases equal COGS Income Statement The financial statements correspond to the Boeing Corporation.(Boeing is an airplane manufacturer)
below to answer the following questions: Notes: Assume purchases equal COGS Income Statement The financial statements correspond to the Boeing Corporation.(Boeing is an airplane manufacturer) 12/11/2016 Operating Expenses 313 Operating omeLes income from Continuing Operations Total Other Income/xpenses Net tarnings Before interest and Taxes interest Expense ncome Tax Expense Minority interest Balance Sheet 2/33/2016 Period Ending Current Assets Cash And Cash Equivalents Accounts Recelvable inventory Current Liabilitiles Total Current Liubilities a. The average age of the inventory is b. The average collection period is c. The average payment period is d. Boeing's operating cycle is e. Boeing's cash conversion cycle is f. Based on the CCC you estimated in letter e., which of the following is true? A. Boeing has a cash outflow before a cash inflow days -days days days days B. Boeing has a cash infow before a cash outflow g. The amount of resources Boeing has invested in the CCC is $ million h. If Boeing reduces the average age of inventory to 150 days, the new CCC would be days 1/2
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