Purchase Solution

10-day vs 40-day cash conversion cycle

Not what you're looking for?

Ask Custom Question

What are the advantages of a 10-day, rather than a 40-day, cash conversion cycle? What are the disadvantages? What would you recommend for a health care organization?

In your response, please reference the excerpt attched from McLean, Robert A. (2003). Financial Management in Health Care Organizations (2nd ed.). Albany, NY: Delmar Publishers.

Purchase this Solution

Solution Summary

Clear, concise response to question in everyday langauge.

Solution Preview

What are the advantages of a 10-day, rather than a 40-day, cash conversion cycle? What are the disadvantages? What would you recommend for a health care organization?

If you have a 10-day cash conversion cycle, it means that the cash that you have spent on customer services returns to you after 10 days. This cycle is better than the situation when the cash that you have spent returns after ...

Purchase this Solution


Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Operations Management

This quiz tests a student's knowledge about Operations Management

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.