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Calculate the firm normal operating cycle

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Question - Minny Fishing Products is analyzing the performance of its cash management. On the average, the firm holds inventory 65 days, pays its suppliers in 35 days, and collects its receivables in 15 days. The firm has a current annual outlay of P1,960,000 on operating cycle investments. Minny currently pays 10 percent for its negotiated financing. (Assume a 360 day year).

A. Discuss briefly cash conversion cycle and normal operating cycle.

B. Calculate the firm's cash conversion cycle.

C. Calculate the firm's normal operating cycle.

Reference no: EM133027066

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