Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 01, 2024

22. how high can account receivable be allowed to grew before the firm receivable period exceeds 50 days if annual sales 5.5 million and cash

22. how high can account receivable be allowed to grew before the firm receivable period exceeds 50 days if annual sales 5.5 million and cash conversion cycle 75 days * (2 Points) O $ 753,424.657 $ 684,932 $ 773,424.657 0 $763,424.657

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Mathematical Finance Core Theory Problems And Statistical Algorithms

Authors: Nikolai Dokuchaev

1st Edition

0415414482, 978-0415414487

More Books

Students also viewed these Finance questions

Question

★★★★★

Make a presentation on Effect of Database Backup

Answered: 1 week ago

Question

★★★★★

Young children with temperaments characterized by high behavioral inhibition may be at risk for anxiety disorders in general and selective mutism in particular.

Answered: 1 week ago

Question

★★★★★

Biotechtron, Inc., has two research laboratories in the Southwest, one in Yuma, Arizona, and the other in Bernalillo, New Mexico. The owner of Biotechtron centralized the legal and accounting...

Answered: 1 week ago

Question

★★★★★

( Perpetual inventory system ) Assuming that perpetual records are maintained and they tie into the general ledger. What is the cost of goods sold, the cost of the ending inventory, and the gross...

Answered: 1 week ago

Question

★★★★★

problem 56 d. If the coupon offered were instead 20% on purchas on would the answers change to parts a and b, if at all:? A contractor enters into a revenue contract with a customer to build...

Answered: 1 week ago

Question

★★★★★

During a research project, interviewers are giving a quota of interviews to complete within a given time frame. One interviewer consistently exceeds the quota but her data reveals lots of out-...

Answered: 1 week ago

Question

★★★★★

kom " A jackrabbit can run at the speed of 1.35 kilometers per minute. How fast can the jackrabbit run in miles per hour? First fill in the two blanks on the left side of the equation using two of...

Answered: 1 week ago

Question

★★★★★

1. The Contingency Planning Policy is implemented for which NIST function and sub-categories(s)? 2. Which organization is the implementation example you identified for? Which industry sector (e.g.,...

Answered: 1 week ago

Question

★★★★★

1) Last week we looked at Consumer Choice Theory, and this week, we are looking at Theory of the Firm. The major difference between these two players in an economy is that the household (consumer)...

Answered: 1 week ago

Question

★★★★★

Why does the UCC place additional accountability on merchants or the contracts it governs?

Answered: 1 week ago

Question

★★★★★

The banks. As major shareholders in privatized companies, and creditors of technically bankrupt companies, banks have a say in systems of ownership and control, and the nature of the company policy...

Answered: 1 week ago

Question

★★★★★

A lack of commitment to the organization. Western managers can help to foster organizational commitment through promoting the organization as a stable ongoing entity, which employees and managers can...

Answered: 1 week ago

Question

★★★★★

Lack of personal accountability and responsibility. Rewards can be tied to effort.

Answered: 1 week ago

Previous Question Next Question