Solution-Calculate the number of days in the new cash cycle

Calculate the number of days in the new cash cycle

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Reference no: EM131419767

ABC Company currently has a cash cycle of 229 days. The firm is considering making some changes as follows: (i) increase the inventory period by 8 days, (ii) increase the accounts receivable period by 60 days, and (iii) increase the accounts payable period by 49 days. Calculate the number of days in the new cash cycle after the above changes become effective? That is, what is the new cash cycle?

Reference no: EM131419767

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Calculate the number of days in the new cash cycle

Reference no: EM131419767

Reference no: EM131419767

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