Inventory conversion period = |
38 days
|
Average collection period = |
19 days
|
Payables deferral period = |
20 days
|
|
33 days
|
|
|
37 days
|
|
|
41 days
|
|
|
45 days
|
|
|
49 days
|
cash conversion cycle = Inventory conversion period + Average collection period - Payables deferral period
= 38+19-20 = 37 days
Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period...
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
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
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.
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 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 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 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...
Increased Efficiency, Inc. is looking for ways to shorten its cash conversion cycle. It has annual sales of $36,500,000, or $100,000 a day on a 365-day basis. The firm's cost of goods sold is 65% of sales. On average, the company has $9,000,000 in inventory and $8,000,000 in accounts receivable. Its CFO has proposed new policies that would result in a 20% reduction in both average inventories and accounts receivable. She also anticipates that these policies would reduce sales by...