Homework Answers
Cash conversion cycle=Inventory conversion period+Receivables collection period-Payables deferral period
=45+30-25 days
which is equal to
=50 days.
Add Answer to:
Cass & Company has the following data. What is the firm's cash conversion cycle? 37. 45...
Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory conversion...
Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 52 days Receivables collection period 27 days Payables deferral period 16 days ○ A.74 B, 101 O C. 63 O D. 52 O E. 128
Brothers Breads has the following data. What is the firm's cash conversion cycle? Inventory conversion period...
Brothers Breads has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 50 days Average collection period = 17 days Payables deferral period = 25 days a. 31 days b. 34 days c. 38 days d. 42 days e. 46 days
Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period...
Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 38 days Average collection period = 19 days Payables deferral period = 20 days Answer 33 days 37 days 41 days 45 days 49 days
13. Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion...
13. Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period= Receivables Collection Period = Payables Deferral Period = 38 days 19 days 38 days
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 73 days, an average collection...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 73 days, an average collection period of 40 days, and a payables deferral period of 37 days. Assume that cost of goods sold is 80% of sales. Assume 365 days in year for your calculations. 1. What is the length of the firm's cash conversion cycle? days 2. If Negus's annual sales are $3,437,675 and all sales are on credit, what is the firm's investment in accounts receivable? Round...
Problem 16-11 Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 58 days, an...
Problem 16-11 Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 58 days, an average collection period of 37 days, and a payables deferral period of 31 days. Assume that cost of goods sold is 80% of sales. Assume 365 days in year for your calculations. What is the length of the firm's cash conversion cycle? days If Negus's annual sales are $3,123,300 and all sales are on credit, what is the firm's investment in accounts receivable? Round...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 72 days, an average collection...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 72 days, an average collection period of 48 days, and a payables deferral period of 24 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number. days b. If annual sales are $4,818,000 and all sales are on credit, what...
Problem 16-11 Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 70 da...
Problem 16-11 Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 70 days, an average collection period of 48 days, and a payables deferral period of 38 days. Assume that cost of goods sold is 80% of sales. Assume 365 days in year for your calculations. What is the length of the firm's cash conversion cycle? days If Negus's annual sales are $3,106,575 and all sales are on credit, what is the firm's investment in accounts receivable? Round...
ack to Assignment Attempts: Keep the Highest: /3 4. Problem 21-11 (Cash Conversion Cycle) eBook Cash...
ack to Assignment Attempts: Keep the Highest: /3 4. Problem 21-11 (Cash Conversion Cycle) eBook Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 70 days, an average collection period of 40 days, and a payables deferral period of 29 days. Assume that cost of goods sold is 80 % of sales. Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest...
For a venture the inventory-to-sale conversion period is 55 days.The sale-to-cash conversion period is 25...
For a venture the inventory-to-sale conversion period is 55 days. The sale-to-cash conversion period is 25 days. The purchase-to-payment conversion period is 35 days. Find the cash conversion cycle.a. 45 daysb. 25 daysc. 10 daysd. 5 dayse. 2 days
Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 52 days Receivables collection period 27 days Payables deferral period 16 days ○ A.74 B, 101 O C. 63 O D. 52 O E. 128
13. Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period= Receivables Collection Period = Payables Deferral Period = 38 days 19 days 38 days
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 72 days, an average collection period of 48 days, and a payables deferral period of 24 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number. days b. If annual sales are $4,818,000 and all sales are on credit, what...
ack to Assignment Attempts: Keep the Highest: /3 4. Problem 21-11 (Cash Conversion Cycle) eBook Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 70 days, an average collection period of 40 days, and a payables deferral period of 29 days. Assume that cost of goods sold is 80 % of sales. Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest...
Most questions answered within 3 hours.
-
1 – Balance the following
Bi(OH)3 + SnO22- →
SnO32- +
Bi
asked 7 minutes ago -
Explain what we mean by "The electric field at the point marked
X is 10 N/C."...
asked 18 minutes ago -
What is the positive energy states in Dirac’s picture? It says
that it leaves an empty...
asked 16 minutes ago -
A mutual fund manager has a $20 million portfolio with a beta of
1.7. The risk-free...
asked 16 minutes ago -
Given the following contribution margin income statement
Sales (15000 units 35
$/units)
asked 16 minutes ago -
The heights in feet of some of the girls of SEU
are: 5.8, 6.1, 5.9, 5.4, 5.6,...
asked 48 minutes ago -
Caspian Sea Drinks is considering the purchase of a new water
filtration system produced by Rube...
asked 53 minutes ago -
Compare and contrast the
social media of Pepsi and Coke? which one is most effective and...
asked 53 minutes ago -
1.
Who initiates a lockout?
Group of answer choices
management
employees
unions
arbitrators
asked 54 minutes ago -
Many celebrities and public figures have Twitter accounts with
large numbers of followers. However, some of...
asked 1 hour ago -
In #13-16, use the following information. At the 0.01 level of
significance, test the claim that...
asked 1 hour ago -
Suppose you wanted to make a buffer with pH 3.00. What chemicals
would you grab off...
asked 1 hour ago