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
Homework Answers
Cash Conversion cycle= Inventory Conversion Period+Average collection Period-Payables deferral Period
Cash Conversion cycle=50 days+17 days-25 days
Cash Conversion cycle=42 days
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Brothers Breads 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...
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
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
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? 37. 45 days 30 days 25 days Inventory conversion period Receivables collection period Payables de ferral period a. 28 days b. 32 days 35 days d. 45 days 50 days C. e.
8 Other things held constant, ifa fir tretches" e, delays paying) its accounts payable, this will lengthen its cash...
8 Other things held constant, ifa fir tretches" e, delays paying) its accounts payable, this will lengthen its cash comvesion cycle (CCC) a True h. Fale 9. Which of the following actions should Reece Windows take if it wants to tedluce its cash conversion cycle a. Start paying its bills sooner, which would reduce the average accounts payable but not affect sales b Take steps to reduce the DSO e. Sell common stock to retire longterm bonds d. Sell an...
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...
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 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...
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...
Value options Inventory conversion period: 56.77 days 43.26 days 45.96 days 131.70 days Average collection period:...
Value options
Inventory conversion period:
56.77 days
43.26 days
45.96 days
131.70 days
Average collection period:
34.20 days
23.32 days
86.55 days
29.54 days
Payables deferral period:
62.57 days
49.53 days
54.75 days
127.00 days
Cash conversion cycle:
31.37 days
91.25 days
29.72 days
28.07 days
Then the multiple choices
1. Cash conversion cydle AaAa Consider the case of Green Melon Electronics Company: Green Melon Electronics Company is a mature firm that has a stable flow of business. The following...
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
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
Cass & Company has the following data. What is the firm's cash conversion cycle? 37. 45 days 30 days 25 days Inventory conversion period Receivables collection period Payables de ferral period a. 28 days b. 32 days 35 days d. 45 days 50 days C. e.
8 Other things held constant, ifa fir tretches" e, delays paying) its accounts payable, this will lengthen its cash comvesion cycle (CCC) a True h. Fale 9. Which of the following actions should Reece Windows take if it wants to tedluce its cash conversion cycle a. Start paying its bills sooner, which would reduce the average accounts payable but not affect sales b Take steps to reduce the DSO e. Sell common stock to retire longterm bonds d. Sell an...
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...
Value options
Inventory conversion period:
56.77 days
43.26 days
45.96 days
131.70 days
Average collection period:
34.20 days
23.32 days
86.55 days
29.54 days
Payables deferral period:
62.57 days
49.53 days
54.75 days
127.00 days
Cash conversion cycle:
31.37 days
91.25 days
29.72 days
28.07 days
Then the multiple choices
1. Cash conversion cydle AaAa Consider the case of Green Melon Electronics Company: Green Melon Electronics Company is a mature firm that has a stable flow of business. The following...
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