Cash Conversion\tInstructions:\tPurpose of Assignment\tOne downfall of many small businesses is the inability to keep sufficient\tcash on hand and to calculate the amount of liquid cash that is\tnecessary for day-to-day operations. This assignment asks you to\tcalculate cash conversion and to determine the funds necessary for the\tmaintenance of business health.\tAssignment Steps\tComplete Parts 1 and 2 of the Cash Conversion Cycle. Use\tMicrosoft\u00ae Excel\u00ae to record your calculations. Note: formulas for the\tcash conversion cycle are included in the document.\tWrite a 350- to 525-word paper in which you complete the following:\t“\ufffd Explain the difference between permanent and temporary working\tcapital, and describe what a firm could do to minimize risk.\t“\ufffd Evaluate how small adjustments made to total cash conversion can\thave a large impact upon the financial health of a company.\t“\ufffd Describe Economic Order Quantity (EOQ Using the EOQ formula\tand an example product for your business, determine the optimal\tquantity of the item to purchase that will help to minimize the annual\ttotal costs of keeping that item in inventory.\t“\ufffd Describe what a Just-in-Time (JIT) inventory system is and its\tsignificance in reducing inventory costs.\t“\ufffd Show all cash conversion cycle calculations in a spreadsheet, and\tattach it as an Appendix.\tFormat your paper consistent with APA guidelines.\tClick the Assignment Files tab to submit your assignment.\tNote: Save your completed assignment with faculty feedback for\tMGT\/465 as you will reuse some of this information to construct your\tbusiness plan.\tSupportingMaterial:Cash Conversion Grading GuideCash Conversion\tCycle\tIndividual May 21, 2018 11:59 PM 10<\/p>\n","protected":false},"excerpt":{"rendered":"
Cash Conversion Instructions: Purpose of Assignment One downfall of many small businesses is the inability to keep sufficient cash on hand and to calculate the amount of liquid cash that is necessary for day-to-day operations. This assignment asks you to Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-216514","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=216514"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216514\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=216514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=216514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=216514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}