As a board member of Bronson Inc., your SVP-Accounting has recently presented th

Question

As a board member of Bronson Inc., your SVP-Accounting has recently presented the details of a five-year study of the firm's cash conversion cycle, ironically, the period of time the SVP has been in charge. The executive summary spreadsheet outlines the following (where ICP -inventory conversion period, ACP- average collection period, PDP - payables deferral period, and AVE- industry average) ACP 34 39 31 25 21 PDP 42 30 53 58 56 AVE 59 58 53 62 2015 2014 2013 2012 2011 ICP 48 51 40 60 19 38 -4 What are your questions, compliments, concerns, and recommendations?

Explanation / Answer

Observations:-

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.