Homework
I. Cash Cycles: Go the internet and select an automobile manufacturing company (e.g. Ford, Toyota, Hyundai, etc.) Find its most recent quarterly income statement and balance sheet.
i. Determine its Cash Cycle
ii. Evaluate its Cash Cycle.
II. EOQ: Lilly's Manufacturing needs fastener supplies to manufacture its products. The CFO estimates that the company will need about 200,000 cases next year. The cost of storing cases is about $0.90. The ordering cost is $500 for a shipment.
i. Determine the EOQ.
ii. How many times will you order?
iii. What would be the total costs for ordering the cases 1, 6, and 12 times per year?
iv. What questionable assumptions are being made by the EOQ model?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.