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Prompt Now, the article above discussed the steps required in calculating the days in the cash conversion cycle. Our new employer is having issues collecting

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Now, the article above discussed the steps required in calculating the days in the cash conversion cycle. Our new employer is having issues collecting from customers so we can pay our vendors and employees. Your supervisor wants you to look into the cash conversion issue and provide you the following information. She wants you to calculate the DIO, DSO, DPO, and CCC for the following three scenarios.

Please calculate the CCC for scenario 1:

Item

Fiscal Year 2018

Fiscal Year 2017

Revenue

9,200

Not needed

COGS

2,750

Not needed

Inventory

1,200

2,100

A/R

110

85

A/P

825

950

a. 105
b. 219
c. 324
d. 122

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