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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 calculate cash conversion and to determine the funds necessary for the maintenance of business health.
Complete Parts 1 and 2 of the Cash Conversion Cycle. Use Microsoft® Excel® to record your calculations. Note: formulas for the cash conversion cycle are included in the document.
Write a 350- to 525-word paper in which you complete the following:
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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