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Solve 3 questions below: Given- Operating Cycle= 170.14 days and Cash Cycle= 62.14 days 1. If Compny wished to improve its Cash (Conversion) Cycle, should
Solve 3 questions below: Given- Operating Cycle= 170.14 days and Cash Cycle= 62.14 days
1. If Compny wished to improve its Cash (Conversion) Cycle, should its managers decrease or increase its cash conversion cycle? _______________Explain your answer in 3-4 sentences.
2. List at least 2 ways that Company could achieve this improvement.
3. Explain the possible risks that Company may face if it follows your suggestions.
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