Question
In: Operations Management
Given the current business environment, as a company how important is knowing your CCC? Be specific.
Given the current business environment, as a company how important is knowing your CCC? Be specific.
Solutions
Expert Solution
PLEASE RATE POSITIVE IF YOU LIKE MY ANSWER TO ENCOURAGE MY EMPLOYMENT
Cash conversion cycle refers to the amount of time it takes for a business to convert into cash the investment that it made on its inventory. That is, it is the time difference between inflow and outflow of cash. Knowing the cash conversion cycle, business can estimate its cash requirements to run the business operations without disruption. A business with long CCC will need more money in hand because it needs to keep investing in inventory before the long before the previous investment is released through sales. If the CCC is short, then businesses needn't wait much for the money to be released from the inventory through sales.
During current COVID situations, inventory may not move as fast and customers may not pay on time. This may mean that CCC is going to extend and the business may need additional working capital.
keosha answered 3 months agoRelated Solutions
Give specific examples of how a company uses TVM in the business environment. Your example can...
Give specific examples of how a company uses TVM in the business
environment. Your example can be either present value or future
value application. It is not necessary to provide sources for your
research.
how the current US business environment compares to the global environment, in terms of the respect/observation...
how the current US business environment compares to the global
environment, in terms of the respect/observation of various
religious/cultural observations which are expected by employees
within those markets. Do we respect and tolerate the different
customs compared to foreign nations
as a manager a good understanding of the macroeconomic environment is important to inform your business...
as a manager a good understanding of the macroeconomic
environment is important to inform your business decisions. using
relevant examples of business. in your answer discuss the effect of
both increasing and decreasing trends on the business.
a. fluctuations of the GDP.
b. fluctuations of the interest rate.
c. fluctuations of the exchange rate.
One of the most important topics in our course, especially given the current political environment is...
One of the most important topics in our course, especially given
the current political environment is free trade. Please post brief
responses to the following in YOUR OWN words:
1. Why do businesses, most economists and policy makers support
free trade in theory?
2. Provide arguments for and against the current President's
opinion on free trade.
One of the most important topics in our course, especially given the current political environment is...
One of the most important topics in our course, especially given
the current political environment is free trade. Please post brief
responses to the following in YOUR OWN words:
1. Why do businesses, most economists and policy makers support
free trade in theory?
2. Provide arguments for and against the current President's
opinion on free trade.
Explain the cash conversion cycle (CCC). Describe the CCC for your employer or company in an...
Explain the cash conversion cycle (CCC). Describe the CCC for
your employer or company in an industry in which you're interested.
What are some specific things that your company could do to
decrease your cash conversion cycle? Let's be sure to describe, in
pretty specific terms, the CCC for our company and what could be
done to shorten it.
Explain the cash conversion cycle (CCC). Describe the CCC for your employer or company in an...
Explain the cash conversion cycle (CCC). Describe the CCC for
your employer or company in an industry in which you're interested.
What are some specific things that your company could do to
decrease your cash conversion cycle? Let's be sure to describe, in
pretty specific terms, the CCC for our company and what could be
done to shorten it.
Describe the current ethical environment of business
Describe the current ethical environment of business
Given your answer for how many protons are pumped by NADH and knowing that 1 ATP...
Given your answer for how many protons are pumped by NADH and
knowing that 1 ATP requires 4 H+, how many ATP equivalents of
energy can be provided by NADH? Note that I said "equivalents"
which means you can have a fraction of ATP here. Round to 1 decimal
place.Now make the same calculation for FADH2. Again, make the same
assumptions.
The complexity of the current business environment and regulatory environment has increased the demand for individuals...
The complexity of the current business environment and
regulatory environment has increased the demand for individuals in
all fields of business who have the ability to analyze business
transactions and interpret their efforts on the financial
statements. Please discuss why you think this ability to analyze
business transactions and financial statements is important to the
decision makers of any given organization.
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Can you explain to me the differnces in how we paid for the health care (access...
- Discuss proactive and defensive marketing in context to the company position in the hypothetical market structure...
- Write a java code that could be used to show the simulation of a tornado. use...
- A Canadian company issues an 8-year term bond with face value of $1,000 and 6% coupon...
- 1. Consider the following nuclides: &
- In general, teams can be described three ways. Name and define each.
- JAVASCRIPT: Please create an array of student names and another array of student grades. - Create...
ADVERTISEMENT