FIN 370 Course Great Wisdom / tutorialrank.com FIN 370 Course Great Wisdom / tutorialrank.com | Page 71

Ch . 18 : Questions 3 & 11 ( Questions and Problems section ) Ch . 20 : Questions 8 & 14 ( Questions and Problems section ) Ch . 21 : Questions 4 & 7 ( Questions and Problems section )
Ch . 26 : Questions 1 & 2 ( Questions and Problems section ): Microsoft ® Excel ® template provided for Problem 2
Format your assignment consistent with APA guidelines if submitting in Microsoft ® Word .
Click the Assignment Files tab to submit your assignment . Ch . 18 : Questions 3 & 11 ( Questions and Problems section )
3 . Changes in the Operating Cycle [ LO1 ] Indicate the effect that the following will have on the operating cycle . Use the letter I to indicate an increase , the letter D for a decrease , and the letter N for no change :
a . Average receivables goes up .
b . Credit repayment times for customers are increased .
c . Inventory turnover goes from 3 times to 6 times .
d . Payables turnover goes from 6 times to 11 times .
e . Receivables turnover goes from 7 times to 9 times .