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quick please will give thumbs up 6. Ela Inc is a reseller of specialty ales. Typically inventory is purchased and held for 30 days prior
quick please will give thumbs up
6. Ela Inc is a reseller of specialty ales. Typically inventory is purchased and held for 30 days prior to selling it to local colleges. To facilitate sales Eta's offers credit terms to their clients with an average collection period of ts 15 days. their average accou a. What is Eta's current cash conversion cycle? (3pts) b. All other factors remaining the same what would the impact be if Eta could sell their beer in 15 days? (1pt c. All other factors remaining the same what would the impact be if Eta could collect their accounts in All other factors remaining the same what would the impact be if Eta delayed paying their supplier another ISdays? (Ipts) c. What would the impact be if Eta did all three if (b,c,& d) above? (Ipts) Step by Step Solution
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