Determine your cash conversion cycle
Problem
The company Marketing Internacional SA de CV reports an operating cycle (CO) of 60 days and an average payment period (PPP) of 30 days. Determine your cash conversion cycle.
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Draw a simple flowchart of the procedures, described in the scenario. Appendix 2 includes the common flow chart symbols.
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The company Marketing Internacional SA de CV reports an operating cycle (CO) of 60 days and an average payment period. Determine your cash conversion cycle.
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Please feel free to make any suggestions for improvements to Tax-Aid; the best of which will be shared with Tax-Aid.
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