1. Briefly explain the impact on a companys C2C cycle if they experienced:

1. An increase in accounts payable turnover
2. An increase weeks payable
3. An increase in weeks receivable
4. An increase in weeks in inventory

2. (2 Marks) Respond in MS Excel Q4 Financial. Please see the Home Depot Spreadsheet. For each of Home Depot, Lowes, Rona and Home Hardware, calculate the following on the spreadsheet. Ensure that the formula is embedded into each cell that you calculate):

1. Accounts Payable Turnover (APT)
2. Accounts Receivable Turnover (ART)
3. Inventory Turnover (INVT)
4. Cash to Cash (C2C in weeks)

3. (4 Marks) Given the 4 financial performance measurements, assess and compare the performance of the 4 companies. Of the 4 companies, which, is strongest performer and why? Which is the weakest performer and why?