Ahmad are just appointed as a financial analyst in Catalyst Berhad. Currently, the 3-month treasury bill is at 3.00% and the company's credit risk premium is 6.00%, the domestic beta is estimated at 1.25, the international beta at .95, and the company's capital structure is now 60% debt. Other financial details are as following.     Domestic   International Assumptions   CAPM   ICAPM Cost of debt, before tax, kd   7.00%   5.00% Corporate income tax rate, t   28%   28% General return on market portfolio, km   9.00%   8.00%   For both the domestic CAPM and ICAPM, calculate cost of equity   weighted Average Cost of Capital

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.