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the first drop down options are (the cash cycle has not changed, the cash cycle has increased, the cash cycle has decreased) second dropdown (it
the first drop down options are (the cash cycle has not changed, the cash cycle has increased, the cash cycle has decreased)
Uve the financial statements supplied here for the international Motor Corporation (iMC) to answer the following questions: a. Calculste the cash conversion cycle for IMC for both 2018 and 2019 . What change has occurred, if any? All alse being equal, how does this change affect ilic's need for cash? b. IMC's suppliers offer terms of net 30. Does it appear that iMC is doing a good job of managing its accounts payable? (Hint: use a 365 -day year) a. Calculate the cash conversion cycle for IMC for both 2018 and 2019. What change has occurred, it anyp All elso being equal, how does this change affect IMC's noed for cash? The cash coriversion cycle (CCC) for 2018 is days. (Round to one decimal place.) The cash conversion cycle (CCC) for 2019 is days. (Round to one decimal place.) (Choose from the drop-down menus.) What change has occurred in the cash conversion cycle, if any? All else being oqual, how does this change affect IMC's need for cash? b. WMC's suppliens offer terms of net 30. Dees it appear that IMC is doing a good job of managing is accounts payable7(Choose the best response below) A. The ferm is paying too early; it could be eaming interest on its money. B. The frm should be paying afler 30 days, if there is no penalty, to take advantage of additional cash on hand. C. The frm should be paying wethin 10 days. D. The firm is paying when it should be. Data table (Click on the following icon in order to copy the contents of the balance sheet below into a spreadsheet second dropdown (it does not change the need for cash, it increases the amount of cash needed, it decreases the amount of cash needed)
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