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ABC Company Limited has an inventory conversion period of 45 days, an accounts receivable collection period of 36 days, and a payables deferral of 35
ABC Company Limited has an inventory conversion period of 45 days, an accounts receivable collection period of 36 days, and a payables deferral of 35 days (assume a 360 day-year).What is the length of the firm's cash conversion cycle? 52 days 81 days 46 days 35 days Mr. Somchai are thinking to open bank account 500,000 Baht for only 1 years. Bank offers four types of deposit account are as following:1.Savings account. which annual interest rate is 1.00% 2.Fixed 3 month account, which annual interest rate is 1.10% 3.Fixed 6 month account, annual interest rate is 1.20% 4. Fixed 12 month account, annual interest rate is 1.25 % (assume no special condition on all types of bank account) Which type of deposit account should Mr. Somchai open in order to earn maximum interest? Fixed 6 month account Savings account Fixed 12 month account Fixed 3 month account A firm has an average age of inventory of 65 days, an average collection period * of 30 days, and an average payment period of 20 days. What is the firm's operating cycle? 85 days 95 days 115 days 75 days
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