1. Which company fared worse in terms of CCC?2. what can you recommend to the companyyou to improve its CCC? Prepare a management recommendation report about youranalysis. ABSGMAССС Cоmposition20102009200820072010200920082007Inventory conversion periodAverage collection periodAverage payment periodTotal CCC4.035.606.186.528.348.267.297.1971.2680.2581.6488.77160.12150.00158.25170.5437.3833.5045.1866.8030.9337.3931.4126.8137.9152.3642.6328.50137.53120.86134.13150.91Working Capital3,885.702,802.101,585.502,444.90 5,786.106,126.005,030.304,157.90

The question is related to Cash Conversion Cycle. Cash conversion cycle is the time required to…

Answered: ABS GMA ССС Cоmposition 2010 2009 2008…

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 2.1C

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