What is not required to calculate the Cash Demand Period? A) Average Age of Under-billings (AAU)...
What is not required to calculate the Cash Demand Period?
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Homework Answers
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Cash conversion Period is the period taken by the company in turning the raw materials to the cash (last point). Comment if you face any issues |
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What is not required to calculate the Cash Demand Period?
A)
Average Age of Under-billings (AAU)...
American Products is concerned about managing cash efficiently. On the average, inventories have an age of...
American Products is concerned about managing cash efficiently. On the average, inventories have an age of 84 Days, and accounts receivable are collected in 46 days. Accounts payable are paid approximately 29 days after they aise. The firm has annual sales of about $34 million. Cost of goods sold are $18 million, and purchases are $14 million. a. Calculate the firm's operating cycle. b. Calculate the firm's cash conversion cycle. c. Calculate the amount of resources needed to support the...
Inmoo Company's average age of accounts receivable is 68 days, the average age of accounts payable...
Inmoo Company's average age of accounts receivable is 68 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle? a. 104 days b. 113 days c. 97 days d. 76 days e. 114 days
38. Inmoo Company's average age of accounts receivable is 45 days, the average age of accounts...
38. Inmoo Company's average age of accounts receivable is 45 days, the average age of accounts payable is 35 days, and the average age of inventory is 60 days. Assuming a 365-day year, what is the length of its cash conversion cycle? a. 63 days b. 65 days c. 70 days d. 75 days e. 78 days
What is Average Age of Accounts Payable for the period ending March 31 2016 based on...
What is Average Age of Accounts Payable for the period ending
March 31 2016 based on the data provided in the following
Tables?
A) 58
B) 90
C) 99
D) 47
Average cash $56,250 Average accounts payable $540,000 Average accounts receivable $1,350,000 Average inventories $675,000 Average cash...
Average cash $56,250 Average accounts payable $540,000 Average accounts receivable $1,350,000 Average inventories $675,000 Average cash sales $4,500,000 Average credit sales $13,500,000 Average cost of goods sold $8,100,000 Average number of days per year 365 days Inventory conversion period 30.42 days Payables deferral period 1. days A. 24 B. 24.33 C. 10.95.? Receivables conversion period 2. days A 36.5 B. 36 C. 27.38 ? Cash conversion cycle 3. days A. 54.75 B. 91.25 C. 42.59 ?
camp manufacturing turns over its inventory 5 times each year, has an average payment period of 35 days, and has an ave...
camp manufacturing turns over its inventory 5 times each year, has an average payment period of 35 days, and has an average collection period of 60 days. the firm has an annual sales are $3.5 million. and cost of good sold of $2.4 million a. Calculate the firms operating cycle and cash conversion cycle. b. What is the dollar value of inventory held by the firm? c. If the firm could reduce the avarage age of its inventory from 73...
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...
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...
Changing cash conversion cycle Camp Manufacturing turns over its inventory five times each year, has an average payment...
Changing cash conversion cycle Camp Manufacturing turns over its inventory five times each year, has an average payment period of 35 days, and has an average collection period of 60 days. the firm has annual sales of $3.5 million and cost of goods sold of $2.4 million. a. Caluclate the firm's operating cycle and cash conversion cycle. b. What is the dollar value of inventory held by the firm? c. If the firm could reduce the average age of its...
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
38. Inmoo Company's average age of accounts receivable is 45 days, the average age of accounts payable is 35 days, and the average age of inventory is 60 days. Assuming a 365-day year, what is the length of its cash conversion cycle? a. 63 days b. 65 days c. 70 days d. 75 days e. 78 days
What is Average Age of Accounts Payable for the period ending
March 31 2016 based on the data provided in the following
Tables?
A) 58
B) 90
C) 99
D) 47
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...
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...
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