You are a financial Manager of Chevron Corp You need to assess the effectiveness of working capital management of the company for 2018 using the following data What is the 2018 Cash Conversion Cycle using 365 days? 2017 Account Receivable 15,653 000 2018 Account Receivable 15 050 000 2017 Inventory= 5 585 00O 2018 Inventory = 5 704 0O. 2017 Accounts Payable 14.565 000 2018 Accounts Payable 13 953 000 2017 Sales134674 000 2018 Sales 158 902 000 2017 Cost ofsa 2018 Cost of 2017 Fur 2018 Purchases = 123 43 C00. ales= 95 114000 f Sales 113 997 C00 rchases - 95 114050.

You are a financial Manager of Chevron Corp You need to assess the effectiveness of working capital management of the company for 2018 using the following data What is the 2018 Cash Conversion Cycle using 365 days? 2017 Account Receivable 15,653 000 2018 Account Receivable 15 050 000 2017 Inventory= 5 585 00O 2018 Inventory = 5 704 0O. 2017 Accounts Payable 14.565 000 2018 Accounts Payable 13 953 000 2017 Sales134674 000 2018 Sales 158 902 000 2017 Cost ofsa 2018 Cost of 2017 Fur 2018 Purchases = 123 43 C00. ales= 95 114000 f Sales 113 997 C00 rchases - 95 114050.

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter6: Managing Cash Flow

Section: Chapter Questions

Problem 9EP

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