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DEVRY FIN 515 Week 7 Problem Set Check this A+ tutorial guideline at http://www.assignmentcloud.com/fin-515-devry/fin-515-week-7-problem-set For more classes visit http://www.assignmentcloud.com FIN 515 Week 7 Problem Set Chapter 26 (page 903): Answer the following questions: What is the difference between a firm’s cash cycle and its operating cycle? How will a firm’s cash cycle be affected if a firm increases its inventory, all else being equal? How will a firm’s cash cycle be affected if a firm begins to take the discounts offered by its suppliers, all else being equal? The Greek Connection had sales of $32 million in 2012, and a cost of goods sold of $20 million. A simplified balance sheet for the firm appears below: Calculate The Greek Connection’s net working capital in 2012. Calculate the cash conversion cycle of The Greek Connection in 2012.
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