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need all parts Data table INTERNATIONAL MOTOR CORPORATION -LCAL7 ragios Timamctat eaventator Use the financial statements supplied here: questions: a. Calculate the cash conversion cycle
need all parts
Data table INTERNATIONAL MOTOR CORPORATION -LCAL7 ragios Timamctat eaventator Use the financial statements supplied here: questions: a. Calculate the cash conversion cycle for IMC for both 2012 and 2013 What change has occurred, if any? All eise being equal, how does this change affect IMC's need for cash? b. IMC's suppliers offer terms of net 30 . Does it appear that IMC is doing a good job of managing its accounts payable? (Hint use a 365-day yoar.) a. Calculate the cash conversion cycle for IMC for both 2012 and 2013 . What change has occurred, if ary? All else being equal, how does this change affect IMC's need for cash? The cash conversion cycle (CCC) for 2012 is days (Round to one decimal place) Step by Step Solution
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