for 2 students
In this week’s discussion, prepare a synopsis of the material discussed in the chapter readings. In your post, share any questions you may have regarding the managerial finance concepts presented in the textbook. This synopsis should be 450+ words.
Please, address each of the questions below, in 100-150 words (per question). Include any relevant examples and links to your sources.
1. 1. What is a company’s cash conversion cycle and why is it important?
2. 2. What is the likely impact of a shorter credit period on accounts receivable?
3. 3. What is the likely impact of a loose credit policy on sales?