Answer on Finance Question for Nancy
period by five days, its inventory period by six days, and increase its payment period by two days?
Estimated AR if reduced by 5 days
Old collection period 93.58
New collection period 88.58
New AR estimate 5
Estimated Inventory if conversion period reduced by 6 days
Old conversion period
New conversion period
New inventory estimate
Estimated AP if payment period increased by 2 days
Old payment period
New payment period
New AP estimate
2012 working capital
Did the working capital increase or decrease from part a?
please just help me anser this part. I have no money and I have been trying to get this done for 3 days now I need this by 8 am tomorrow
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