FIN419 University of Phoenix Cash Conversion Cycle Finance Paper The purpose of this assignment is to help students gain a better understanding of calculat
FIN419 University of Phoenix Cash Conversion Cycle Finance Paper The purpose of this assignment is to help students gain a better understanding of calculations of cash flow and strategies to increase it.
Assignment Steps
Select a multinational company from the following industries:
Retail
Pharmaceutical
Computer Hardware
Manufacturing
Automotive
Review the selected company’s most recent financial statements.
Calculate the following cash conversion cycle ratios based on the financial statements using Microsoft® Excel®:
Average inventory
Inventory turnover rate
Average account receivable
Account receivable turnover
Average collection cycle
Explain in 700 words the importance of the cash conversion cycle, including:
Discuss the purpose of the cash conversion cycle and its components.
Analyze the results obtained in the cash conversion cycle equations.
Propose strategies to increase the cash flows of the company under study.
Format your paper consistent with APA guidelines.