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timurjin [86]
3 years ago
12

Why is understanding the relationship between the cash conversion cycle (CCC) and net working capital important to the contempor

ary business executive
Business
1 answer:
murzikaleks [220]3 years ago
8 0

Answer: To understand how businesses need money and how they can sustain themselves for a period of time to fund bills and still operate

Explanation:

Understanding the relationship between cash conversation cycle and contemporary business executive aims at knowing the business needs funds to operate and building strategic alliances, make money and propose ideas that will sustain and elevate it's strength for some time. Money is vital in running business operations, as organizations will foot bills and do some expenditure and sought out ways to earn more business.

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As Hungarian, Italian, Greek, Indian, French, Chinese, Vietnamese, Mongolian, and any number of other exotic food outlets are thriving in London, for instance, it would suggest that customer demand for these foodstuffs is enough to sustain business.

A large number of mixed Polish/Halal grocery shops have opened in areas of South London in recent years, catering to an increased number of workers and immigrants from the Middle-East and Eastern Europe.

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3 years ago
What does this mean help
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3 years ago
What are some actions people may take when preparing for a career fair
Ber [7]
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3 years ago
When using for file storage, you must be able to access the physical device in order to retrieve files from it.
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6 0
2 years ago
Read 2 more answers
Holmes Company produces a product that can be either sold as is or processed further. Holmes has already spent $96,000 to produc
Shtirlitz [24]

Answer:

Yes

Explanation:

The computation is shown below:

Particulars         Sales As Is   Process further     Incremental Accounting

Sales            $89,500       $605,000               $515,500

                                             (1,375 units × $440)

Less:

Additional Process costs $398,750                $398,750

                                          (1,375 units × $290)

Total           $89,500       $206,250                $116,750

Based on the incremental income, Holmes should process it further.

6 0
2 years ago
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