Abc company currently has a cash cycle of 215 days the firm


ABC Company currently has a cash cycle of 215 days. The firm is considering making some changes as follows: (i) increase the inventory period by 30 days, (ii) increase the accounts receivable period by 13 days, and (iii) increase the accounts payable period by 6 days. Calculate the number of days in the new cash cycle after the above changes become effective? That is, what is the new cash cycle?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Abc company currently has a cash cycle of 215 days the firm
Reference No:- TGS01711151

Expected delivery within 24 Hours