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Your have very persuasive answers. What are your thoughts concerning environmental footprint and disruptive technology for change drivers and how it influence the speed of adoption? This is considering JJ being socially responsible and they gaining competitive advantage as being a first mover.
I am not sure how accurate it is. But what I believe and adjustment would have been required to get the answer i don’t think they would have made it so simple.
I got 58 days first then when I read over the question it asked for forecast figure not what was provided in statement of financial position given. So I would have adjusted the days by what was forecasted to achieve reduction of receivables by 10 days as well as payable and inventory to 30 as to meet their suppliers terms.
