The financial statements and stock price information of Mydeco Corp
FIN 5213- The financial statements and stock price information of Mydeco Corp
5. Using the financial statements and stock price information of Mydeco Corp in the next page to answer following questions:
a. How did Mydeco’s accounts receivable days change over this period?
b. How did Mydeco’s inventory days change over this period?
c. Based on your analysis, has Mydeco improved its management of its working capital during this time period?
d. Compare accounts payable days in 2012 and 2016.
e. Did this change in accounts payable days improve or worsen Mydeco’s cash position in 2016?
Must show work.
