Chapter 16, Problem 4P

a.

Summary Introduction

To determine: The length of the cash conversion cycle.

Introduction:

Cash Conversion Cycle:

The cash conversion cycle refers to the time period which starts from the production of the products to selling of the products and until the time the customer receives the cash is known as the cash conversion cycle.

b.

Summary Introduction

To determine: The investment in accounts receivable.

c.

Summary Introduction

To determine: The inventory turnover ratio.