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Account payable cycle and cash conversion cycle

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Obtain at least two years of financial information pertaining to General Motors company from its most recent annual report (10-K).

Then, use the information contained in the annual report to calculate the following for your selected organization:
Account payable cycle and cash conversion cycle.

Be sure to show your calculations in your analysis ( include formulas used to derive results).

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Solution Summary

The solution explains how to calculate account payable cycle and cash conversion cycle using GM's financial statements.

Solution Preview

The link to GM's balance sheet is:
Balance Sheet:
http://www.hoovers.com/general-motors/--ID__10640,period__A--/free-co-fin-balance.xhtml
Income Statement:
http://www.hoovers.com/general-motors/--ID__10640,period__A--/free-co-fin-income.xhtml

You will need the data in the above balance sheet to calculate the numbers. You will need ...

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