Homework Help is Here – Start Your Trial Now!
Business
Accounting
ABS GMA ССС Cоmposition 2010 2009 2008 2007 2010 2009 2008 2007 Inventory conversion period Average collection period Average payment period Total CCC 4.03 5.60 6.18 6.52 8.34 8.26 7.29 7.19 71.26 80.25 81.64 88.77 160.12 150.00 158.25 170.54 37.38 33.50 45.18 66.80 30.93 37.39 31.41 26.81 37.91 52.36 42.63 28.50 137.53 120.86 134.13 150.91 Working Capital 3,885.70 2,802.10 1,585.50 2,444.90 5,786.10 6,126.00 5,030.30 4,157.90

ABS GMA ССС Cоmposition 2010 2009 2008 2007 2010 2009 2008 2007 Inventory conversion period Average collection period Average payment period Total CCC 4.03 5.60 6.18 6.52 8.34 8.26 7.29 7.19 71.26 80.25 81.64 88.77 160.12 150.00 158.25 170.54 37.38 33.50 45.18 66.80 30.93 37.39 31.41 26.81 37.91 52.36 42.63 28.50 137.53 120.86 134.13 150.91 Working Capital 3,885.70 2,802.10 1,585.50 2,444.90 5,786.10 6,126.00 5,030.30 4,157.90

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

1. Which company fared worse in terms of CCC?

2. what can you recommend to the company
you  to improve its CCC? Prepare a management recommendation report about your
analysis. 

ABS GMA ССС Cоmposition 2010 2009 2008 2007 2010 2009 2008 2007 Inventory conversion period Average collection period Average payment period Total CCC 4.03 5.60 6.18 6.52 8.34 8.26 7.29 7.19 71.26 80.25 81.64 88.77 160.12 150.00 158.25 170.54 37.38 33.50 45.18 66.80 30.93 37.39 31.41 26.81 37.91 52.36 42.63 28.50 137.53 120.86 134.13 150.91 Working Capital 3,885.70 2,802.10 1,585.50 2,444.90 5,786.10 6,126.00 5,030.30 4,157.90
Transcribed Image Text:ABS GMA ССС Cоmposition 2010 2009 2008 2007 2010 2009 2008 2007 Inventory conversion period Average collection period Average payment period Total CCC 4.03 5.60 6.18 6.52 8.34 8.26 7.29 7.19 71.26 80.25 81.64 88.77 160.12 150.00 158.25 170.54 37.38 33.50 45.18 66.80 30.93 37.39 31.41 26.81 37.91 52.36 42.63 28.50 137.53 120.86 134.13 150.91 Working Capital 3,885.70 2,802.10 1,585.50 2,444.90 5,786.10 6,126.00 5,030.30 4,157.90
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS