kyao9692 kyao9692

28-12-2020
Business

contestada

A company with a 120-day operating cycle determines its cash conversion cycle using the following data: Receivable days: 35 Inventory days: 95 Payable days: 45 What is the company's cash conversion cycle

Respuesta :

Parrain Parrain

29-12-2020

Answer: 85 days

Explanation:

The Cash Conversion Cycle is used to estimate the amount of time it takes a firm to convert its inventory into cash.

Formula is;

= Receivable days + Inventory days - Payable days

= 35 + 95 - 45

= 85 days

Answer Link

Otras preguntas

Which of the following explains why there are so many differences in the properties of peptides and proteins? a) Several amino acid sequences are possible for

The glycemic index predicts the way certain foods affect a. blood pressure. b. exercise performance. c. weight loss. d. blood sugar levels.

In a list of numbers, the pattern increases by 0.001 as you move to the right. If the third number in the list is 0.046, what is the first number in the list? E

The main idea or overall impact you want to form in the minds of your readers is called the _____. a. functional description b. topical framework c. dominant i

What special group advises the President of the United States? a. The Cabinet b. The Electoral College c. The Executive Branch

Which of the following was not one of the original 13 American Colonies? a. Vermont b. Georgia c. Massachusetts d. North Carolina

Which segment of the American economy declined steadily during the 1980s and 1990s? a) healthcare b) agriculture c) construction d) manufacturing

This national park covers 270 square miles, and 95% of it is underwater. Divers and snorkelers explore its shipwrecks and a bright coral reef, home to reef lobs

Kara used the formula P=2(l+w) to find the perimeter of the photograph. She tells Jim that the length is 6 cm, and the perimeter is 22 cm. How can Jim find the

Your bill at a restaurant was $29.54, which included the tax at a rate of 7.4%. What was the price before tax? Decimals allowed and round ANSWER to two place.