Business, 19.05.2020 17:57 Afranker8778

A business analysis has recently been hired to improve the performance of a firm, which has been experiencing a severe cash shortage. As one part of your analysis, the analyst wants to determine the firm’s cash conversion cycle. Using the following information and a 365-day year: Current inventory = $150,000; Annual sales = $730,000; Accounts receivable = $180,000; Accounts payable = $36,000; Total annual purchases = $365,000. Calculate the firm’s inventory conversion cycle. 18 days 70 days 75 days 90 days

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 12:20

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

Answers: 3

Answer

Business, 22.06.2019 12:40

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false

Answers: 3

Answer

Business, 22.06.2019 13:50

Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.

Answers: 3

Answer

Business, 22.06.2019 20:00

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?

Answers: 3

Answer

You know the right answer?

A business analysis has recently been hired to improve the performance of a firm, which has been exp...

Questions