Calculate the sale o cash conversion period for chenhai

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Following are the financial statements for the Chenhai Manufacturing Corporation for 2009 and 2010. The venture is in financial distress and hopes to turn around its financial performance in the near future.

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A. Calculate the sale-to-cash conversion period for Chenhai in both 2009 and 2010.

B. Calculate the inventory-to-sale conversion period for Chenhai in both 2009 and 2010.

C. Calculate the purchase-to-payment conversion period for Chenhai in both 2009 and 2010. Also determine the length of the cash conversion cycle for both 2009 and 2010.

type of working capital restructuring might Chenhai undertake to turn around its financial performance? What other type of asset restructuring might Chenhai consider undertaking?

E. What type(s) of operations restructuring might Chenhai attempt during 2011?
F. What type(s) of financial restructuring might Chenhai attempt during 2011?
G. What prevailing conditions (economic, competitive, etc.) might cause you to believe that Chenhai's situation may be a turnaround opportunity versus a permanentproblem?

Reference no: EM131125549

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