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Please I NEED all of them Cash conversion cycle American Products is concemed about managing cash efficiently. On the average, inventories have an age of

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Cash conversion cycle American Products is concemed about managing cash efficiently. On the average, inventories have an age of 78 days, and accounts receivable are collected in 45 days. Accounts payable are paid approximately 34 days after they arise. The firm has annual sales of about $30 million. Cost of goods sold are $19 milion, and purchases are $17 million. ome a. Calculate the firm's operating cycle. b. Calculate the firm's cash conversion cycle. c. Calculate the amount of resources needed to support the firm's cash conversion cycle d. Discuss how management might be able to reduce the cash conversion cycle ents an a. American Products' operating cycle, OC, isdays. (Round to the nearest whole number.) eText edia Libra a. Calculate the firm's operating cycle. b. Calculate the firm's cash conversion cycle. c. Calculate the amount of resources needed to support the firm's cash conversion cycle. d. Discuss how management might be able to reduce the cash conversion cycle. a. American Products' operating cycle, OC, is 117 days. (Round to the nearest whole number.) b. American Products' cash conversion cycle, CCC, is 85 days. (Round to the nearest whole number.) (Round to the nearest dollar. c. The amount of resources that must be invested to support American Products' CCC is $ 6,953,425 t d. How would management be able to reduce the cash conversion cycle? (Choose all that apply.) Libra A Reduce the average age of inventory (AA). lcula source Question is complete. Tap on the red indicators to see incorrect answers. Simila All parts showing udy

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