Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2018 2019 11 35 2018 10 30 90 130 2019 350 Accts Payable Current Liabs 2019 42 42 40 40 Cash Accts Receivable Inventory Current
2018 2019 11 35 2018 10 30 90 130 2019 350 Accts Payable Current Liabs 2019 42 42 40 40 Cash Accts Receivable Inventory Current Assets 270 82 128 17 63 Debt 60 92 Revenues Costs Depreciation |EBIT Interest Taxes Net Income Dividends Retained Earnings Net PPE 170 232 40 Common & paid in Retained Earnings Equity L+E 40 160 200 300 186 226 360 3 21 39 13 26 Assets 300 360 Given the information above, calculate the firm's Operating Cycle and Cash Cycle. Inventory purchased Cash paid for inventory Inventory sold Cash received from sales 1 Accounts Receivable period -- Inventory period - Operating Cycle --Accounts Payable period Cash cycle Figure Sense Now look at your answer... Does your operating cycle make sense? Why or why not? 2018 2019 11 35 2018 10 30 90 130 2019 350 Accts Payable Current Liabs 2019 42 42 40 40 Cash Accts Receivable Inventory Current Assets 270 82 128 17 63 Debt 60 92 Revenues Costs Depreciation |EBIT Interest Taxes Net Income Dividends Retained Earnings Net PPE 170 232 40 Common & paid in Retained Earnings Equity L+E 40 160 200 300 186 226 360 3 21 39 13 26 Assets 300 360 Given the information above, calculate the firm's Operating Cycle and Cash Cycle. Inventory purchased Cash paid for inventory Inventory sold Cash received from sales 1 Accounts Receivable period -- Inventory period - Operating Cycle --Accounts Payable period Cash cycle Figure Sense Now look at your answer... Does your operating cycle make sense? Why or why not
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started