Question
Nanaimo Products is concerned about managing cash efficiently. On average, inventories have an age of 90 days, and accounts receivable are collected in 60 days.
Nanaimo Products is concerned about managing cash efficiently. On average, inventories have an age of 90 days, and accounts receivable are collected in 60 days. Accounts payable are paid about 30 days after they arise. The firm's operating investments are $20 million per year.
P1: What is the firm's operating cycle (or production cycle)?
180 days
150 days
030 days
120 days
P2:
What is the firm's cash cycle (or CCC)?
90 days
30 days
120 days
150 days
180 days
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Supply Chain Finance And Blockchain Technology The Case Of Reverse Securitisation
Authors: Erik Hofman, Urs Magnus Strewe, Nicola Bosia
1st Edition
3319623702, 978-3319623702
