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Spike Dykes, CEO of Dykes Inc., produces American football gear for the Big XII conference. He wants you to figure out the Cash-to-Cash (C2C) Conversion
Spike Dykes, CEO of Dykes Inc., produces American football gear for the Big XII conference. He wants you to figure out the Cash-to-Cash (C2C) Conversion Cycle so you can inform him if he has a self-funded value chain. His data in millions are as follows:
Step #1: What is the firm's Inventory Day's Supply?
Step #2: What is the firm's Accounts Receivable Day's Supply?
Step #3: What is the firm's Accounts Payable Day's Supply?
Step #4: What is the Cash-to-Cash Conversion Cycle?
Step #5: Is this a Self-Funded Value Chain?
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