Kal Electronics has an inventory turnover rate of 7.6, a receivables turnover rate of 11.5, and...
Kal Electronics has an inventory turnover rate of 7.6, a receivables turnover rate of 11.5, and a payables turnover rate of 9.5. How long is the operating cycle?
|
84.35 days |
||
|
79.77 days |
||
|
74.13 days |
||
|
69.52 days |
||
|
61.08 days |
Homework Answers
Days in inventory=365/inventory turnover
=365/7.6=48.03 days(Approx).
Days in receivables=365/ receivables turnover
=365/11.5=31.74 days(Approx).
Operating cycle=Days in inventory+Days in receivables
=48.03+31.74
=79.77 days(Approx).
Add Answer to:
Kal Electronics has an inventory turnover rate of 7.6, a
receivables turnover rate of 11.5, and...
A firm has an inventory turnover rate of 10, a receivables turnover rate of 14, and...
A firm has an inventory turnover rate of 10, a receivables turnover rate of 14, and a payables turnover rate of 12. How long is the operating cycle? 71.80 days 68.72 days 44.79 days 62.57 days 54.15 days
GPR, Inc., has an inventory turnover of 27.06 times, a payables turnover of 15.09 times, and...
GPR, Inc., has an inventory turnover of 27.06 times, a payables turnover of 15.09 times, and a receivables turnover of 8.56 times. What is the length of the company's cash cycle? Assume 365 days per year.
Franklin, Inc., has an inventory turnover of 15.9 times, a payables turnover of 9.7 times, and...
Franklin, Inc., has an inventory turnover of 15.9 times, a payables turnover of 9.7 times, and a receivables turnover of 8.2 times. What is the company's cash cycle? Assume 365 days per year. Multiple Choice 59.19 days 29.84 days 52.61 days 16.07 days 34.10 days
1. Using the attached information, calculate for 2015 and 2016 the following: a) Receivables turnover,Inventory turnover,...
1. Using the attached information, calculate for 2015
and 2016 the following:
a) Receivables turnover,Inventory turnover, and
Payable turnover.
b)Receivables period,Inventory period,and Payable
period.
c)Operating Cycle and Cash Conversion cycle
2. Discuss the changes that took place from 2015 to
2016 and suggest the ways how the company could improve its
performance
Balance Sheets for Years Ended 2014, 2015, and 2016 ASSETS 2014 2015 2016 Cash and marketable securities Receivables Inventories Total current assets Grass plant and equipment less accumulated...
Which one of the following will not affect the operating cycle? A) increasing the payables turnover...
Which one of the following will not affect the operating cycle? A) increasing the payables turnover from 7 times to 10 times B) increasing the days sales in receivables (DSO) C) decreasing the inventory turnover rate D) increasing the average receivables balance E) decreasing the credit repayment times for the firm's customers
3. Calculate the Cash Conversion Cycle (use end-of-period amounts rather than average of receivables, inventory, and...
3. Calculate the Cash Conversion Cycle (use end-of-period amounts rather than average of receivables, inventory, and payables): • Days Sales Outstanding (DSO) = Receivables / (Sales/365) • Days Inventory Held (DIH) = Inventory / (CGS/365) • Days Payable Outstanding (DPO) = Payables/(CGS/365) • Operating Cycle = DSO + DIH • Cash Conversion Cycle (CCC) = Operating Cycle - DPO 2017 2016 2015 2014 2013 DIH 152.08 106.46 101.39 DSO 121.67 73.00 64.89 DPO 121.67 76.04 70.97 Operating Cycle 273.75 179.46...
ABC Corporation currently has an Inventory Turnover of 11.59, an Accounts Receivable Turnover of 19.69. How...
ABC Corporation currently has an Inventory Turnover of 11.59, an Accounts Receivable Turnover of 19.69. How many days are in the operating cycle? Enter your answer rounded off to two decimal points.
Days in the Operating Cycle equals: Days in Inventory - Days in Receivables + Days in...
Days in the Operating Cycle equals: Days in Inventory - Days in Receivables + Days in Payables Days in Inventory + Days in Receivables – Days in Payables Days in Inventory + Days in Receivables + Days in Payables Days in Inventory - Days in Receivables – Days in Payables The ending Retained Earnings balance of ABC increased by $1.5 million from the beginning of the year. The company's net income earned during the year is $3.5 million. What is...
Loblaws has an inventory turnover rate of 12.3, an accounts payable period of 30 days, and...
Loblaws has an inventory turnover rate of 12.3, an accounts payable period of 30 days, and an accounts receivable period of 40 days. What is the length of the cash cycle? 39.67 days 41.13 days 37.88 days 34.42 days 30.71 days
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory outstanding (DIO), accounts receivable turnover, days' sales in average receivables or days' sales outstanding (DSO), accounts payable turnover, days' payable outstanding (DPO), and cash conversion cycle (in days). a. Use the cost of goods sold in the formula for accounts payable turnover. b. Use a 365-day year for calculations as needed. c. Use cell references from prior calculations, if applicable. (Always use cell references...
1. Using the attached information, calculate for 2015
and 2016 the following:
a) Receivables turnover,Inventory turnover, and
Payable turnover.
b)Receivables period,Inventory period,and Payable
period.
c)Operating Cycle and Cash Conversion cycle
2. Discuss the changes that took place from 2015 to
2016 and suggest the ways how the company could improve its
performance
Balance Sheets for Years Ended 2014, 2015, and 2016 ASSETS 2014 2015 2016 Cash and marketable securities Receivables Inventories Total current assets Grass plant and equipment less accumulated...
3. Calculate the Cash Conversion Cycle (use end-of-period amounts rather than average of receivables, inventory, and payables): • Days Sales Outstanding (DSO) = Receivables / (Sales/365) • Days Inventory Held (DIH) = Inventory / (CGS/365) • Days Payable Outstanding (DPO) = Payables/(CGS/365) • Operating Cycle = DSO + DIH • Cash Conversion Cycle (CCC) = Operating Cycle - DPO 2017 2016 2015 2014 2013 DIH 152.08 106.46 101.39 DSO 121.67 73.00 64.89 DPO 121.67 76.04 70.97 Operating Cycle 273.75 179.46...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory outstanding (DIO), accounts receivable turnover, days' sales in average receivables or days' sales outstanding (DSO), accounts payable turnover, days' payable outstanding (DPO), and cash conversion cycle (in days). a. Use the cost of goods sold in the formula for accounts payable turnover. b. Use a 365-day year for calculations as needed. c. Use cell references from prior calculations, if applicable. (Always use cell references...
Most questions answered within 3 hours.
-
A square current loop 5.4 cm on each side carries a 510 mA
current. The loop...
asked 1 hour ago -
What are five tips in conducting knowledge assessment/literature
review research? Each of these tips needs to...
asked 1 hour ago -
Antigen presenting cells link innate and adaptive immune
responses. In the theoretical scenario where phagosomes cannot...
asked 1 hour ago -
Dealing with conflict, in my opinion, is a skill and an art. I
believe that those...
asked 2 hours ago -
6. A long straight wire with circular cross section and radius
1.5 cm carries a 1.2...
asked 2 hours ago -
Deacon Corporation has provided the following financial data
from its balance sheet and income statement:
Year...
asked 3 hours ago -
List and discuss at least three variables from everyday life for
which you expect the variable ...
asked 3 hours ago -
A high-pass filter consists of a 1.60 μF capacitor in series
with a 125 Ω resistor....
asked 3 hours ago -
A newly developed artificial intelligence has trouble
distinguishing hand-written numbers from hand-written alphabets.
There are pictures...
asked 3 hours ago -
The carbonate ion CO3 2- has multiple resonance structures.
a. Draw them and assign the hybridization...
asked 3 hours ago -
In doing an allocation for a basket purchase
Use the individual costs and the total market...
asked 3 hours ago -
what were the social political and economic causes and impacts of
the late 19th century urban...
asked 3 hours ago