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Business, 14.07.2020 01:01 uchechukwueigwe
(Calculating the cash conversion cycle) Network Solutions just introduced a new, fully automated manufacturing plant that produces 2,000 wireless routers per day with materials costs of $50 per router and no other costs. The average number of days a router is held in inventory before being sold is 45 days. In addition, the company generally pays its suppliers in 30 days, while collecting from its customers after 25 days.
a. What is the cash conversion cycle?
b. What would happen to the cash conversion cycle if the company could stretch its payments to suppliers from 30 days to 50 days?
c. How much would working capital financing be reduced if the company stretched its payments to suppliers from 30 days to 50 days?
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Business, 21.06.2019 19:30, cbaldwin6605
Consider the following ethical argument. which of the three statements represents the moral statement about a moral principle? statement 1: a dealership advertised a car at a very low price, but only had a similar higher priced model in stock. statement 2: it is wrong to perform a bait and switch. statement 3: the dealership was wrong to advertise the car on special sale when in actually it was not available.
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