1. Review the most recent financial statements for walgreens.
Calculate the following cash conversion cycle ratios based on the financial statements using Microsoft® Excel®:
- Average inventory
- Inventory turnover rate
- Production cycle
- Average account receivable
- Account receivable turnover
- Average collection cycle
2. Explain in words the importance of the cash conversion cycle, including:
- Analyze the results obtained in the cash conversion cycle equations.
- Propose strategies to increase the cash flows of the company under study.