Determining firm-s operating cycle


1) As the nation, we are moving further away from tragedy which took place on September 1, 2001. We work with state and federal governments and get grant funds for bioterrorism and public health preparedness issues. Though, we are seeing the reduction in grant support in terms of dollars, but with increasing “strings attached” for grants which are available.

Do you believe our public health leaders are becoming more hard-working or satisfied in preparing for next public health emergency? (At least 300 words)

2) Assume that Dunn Industries has the annual sales of= $2.3 million, cost of goods sold of= $1,650,000, average inventories of= $1,116,000, and average accounts receivable of= $750,000. Suppose that all of Dunn’s sales are on credit.

What will be the firm’s operating cycle?

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Finance Basics: Determining firm-s operating cycle
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