About their working capital management

Assignment Help Financial Management

Reference no: EM13874738

Use the table below, summarized from CFO Magazine’s 2006 working capital survey to answer this question. Compare Genzyme’s CCC to that of Quest Diagnostics. What do the CCC for the two companies tell us about their working capital management? Why is Genzyme’s 2005 CCC different from Quest’s? Suppose that Genzyme’s annual sales are $2,734,842,000 and its cost of capital is 15%. If Genzyme’s CCC drops to the level of Quests’s, how much savings will Genzyme generate in net working capital and what is the annual benefit of this savings in dollars?

Reference no: EM13874738

Questions Cloud

How much should be recorded as an impairment charge : Look for online tutorials on relational database design and/or Visio. Make a list of the three best. Share your list and comments with the class.

Investors total investment worth before-after stock dividend : Ace Products sells marked playing cards to blackjack dealers. It has not paid a dividend in many years, but is currently contemplating some kind of dividend. What adjustments would have to be made to the capital accounts for a 10 percent stock divid..

Prepare students to meet future challenges : Describe each area that you chose and then explain how you think these areas of study will prepare students to meet future challenges. You will likely have 4-6 paragraphs per curriculum area

What does the novel say about the american dream? : What does the novel say about the American dream?

About their working capital management : Use the table below, summarized from CFO Magazine’s 2006 working capital survey to answer this question. Compare Genzyme’s CCC to that of Quest Diagnostics. What do the CCC for the two companies tell us about their working capital management?

Balance interests of the child with claim of parental rights : The goal of Juvenile Court is to balance the best interests of the child with the claim of parental rights. Parents have a right to direct the upbringing of their children, including the right to exclude others from that function

When an investment is sunk and durable : When an investment is sunk and durable, why is it a mistake to assess the investment only on the basis of economic profits in the first year? What is a better criterion? Why?

Fatal level of hyperthermia : Hyperthermia of 5°C (i.e., 5°C rise above the normal body temperature) is considered fatal. Express this fatal level of hyperthermia in

Summarize the procedures used in the salem trials : Summarize the procedures used in the Salem Trials

User Account

All Pages