Your contribution to the discussion requires 2-3 paragraphs, use of proper grammar, and citing of sources. Participation in the weekly discussion provides the opportunity to learn and apply new information in manageable amounts of timely contributions, and to receive useful feedback.
a) Referencing textbook readings, lecture material, and current business resources discuss some of the advantages and disadvantages of holding high levels of current assets in relation to sales. Use the DuPont equation to help explain your answer.
b) Define the cash conversion cycle (CCC) and explain why, holding other things constant, a firmâ€™s profitability would increase if it lowered its CCC. Provide an example.