Religious Studies homework help
The purpose of this assignment is to help students gain a better understanding of calculations of cash flow and strategies to increase it.Assignment StepsSelect a multinational company from the following industries: RetailPharmaceuticalComputer HardwareManufacturingAutomotiveReview the selected company’s most recent financial statements.Save the selected company’s most recent financial statements as a PDF and submit/upload with your assignment in order to receive credit.Calculate the following cash conversion cycle ratios based on the financial statements usingMicrosoft® Excel®: You must show your work in order to receive credit.Average inventoryInventory turnover rateAverage account receivableAccount receivable turnoverAverage collection cycleExplain in 500 words the importance of the cash conversion cycle, including: Discuss the purpose of the cash conversion cycle and its components.Analyze the results obtained in the cash conversion cycle equations.Propose strategies to increase the cash flows of the company under study.Format your paper consistent with APA guidelines.