1. Super X has an inventory conversion period of 60 days, an DSO of 38 days, and an account payables deferral period of 30 days. Assume that cost of goods sold is 75% of sales. How many times per year does Super X turn over its inventory?
2. You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 percent and Stock Y with an expected return of 9.5 percent. Assume your goal is to create a portfolio with an expected return of 12.2 percent. How much money will you invest in Stock X and Stock Y?
3. What factors will influence your decision on implementing/deploying an innovative technology project?