Question
1. ABC Company has an inventory conversion period of75days,receivables collection period of30days,and payables deferral period of30days.What is the cash conversion cycle? 135 days 60 days
1.
ABC Company has an inventory conversion period of75days,receivables collection period of30days,and payables deferral period of30days.What is the cash conversion cycle?
135 days |
60 days |
75 days |
105 days |
2.
ABC Co.has an inventory conversion period of75days,receivables collection period of30days,and payables deferral period of30days.Annual sales are$4.562,500.COGS is $2,920,000.How much isin their inventory account?
$382,560 |
$240,000 |
$937,500 |
$600,000 |
3.
ABC Co.has an inventory conversion period of75days,receivables collection period of30days,and payables deferral period of30days.Annual sales are$4.562,500. COGS $2,920,000. How many timesper yearis inventory turned over?
4.87x |
34.25x |
75x |
12.17x |
4.
ABC Co.has an inventory conversion period of75days,receivables collection period of30days,and payables deferral period of30days.Annual sales are$4,562,500. COGS is $2,920,000What is their NOWC?
$465,000 |
$1,358,500 |
$735,000 |
$975,000 |
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