Exercise 2&3: Cash conversion efficiency ratio With the following information, calculate; 1. the company's DWC for 2012 and 2013. 2. the company's CCE ratio for 2012 and 2013. Assume that in 2011 the company's net working capital was $350,000. 2012 $ 176,000 55,000 360,000 450,000 400,000 2,200,000 Profit for the year Depreciation/amortization Trade receivables Inventories Trade and other payables Revenue 2013 $ 225,000 70,000 385,000 490,000 440,000 2,500,000

Exercise 2\&3: Cash conversion efficiency ratio With the following information, calculate; 1. the company's DWC for 2012 and 2013. 2. the company's CCE ratio for 2012 and 2013. Assume that in 2011 the