Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 04, 2024

Compute the cash conversion cycle for Amazon.com, Inc. with the following data: Days Inventory Outstanding (DIO): 60 days Days Sales Outstanding (DSO): 45 days Days

Compute the cash conversion cycle for Amazon.com, Inc. with the following data:

Days Inventory Outstanding (DIO): 60 days
Days Sales Outstanding (DSO): 45 days
Days Payable Outstanding (DPO): 30 days

Apply the cash conversion cycle formula and provide the numerical result.

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

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

25th edition

978-1285069609, 1285069609, 978-1133607601

More Books

Students also viewed these Accounting questions

Question

★★★★★

With reference to Figure 2.15, verify that events A, B, C, And D are independent. The region rep-resenting A consists of two circles, And so do the regions representing B And C. Figure 2.15 8 -| 18 1...

Answered: 1 week ago

Question

★★★★★

McGoun Corporation uses a process costing system for its two production departments: Mixing and Packaging. The company provided the following manufacturing cost information for the month of May: a....

Answered: 1 week ago

Question

★★★★★

In your opinion, to what extent should graduate programs use the GRE as an admission criterion for graduate school in clinical psychology?

Answered: 1 week ago

Question

★★★★★

The T. P. Jarmon Company manufactures and sells a line of exclusive sportswear. The firms sales were $600,000 for the year just ended, and its total assets exceeded $400,000. The company was started...

Answered: 1 week ago

Question

★★★★★

A newly issued bond has a maturity of 10 years and pays a 7.6% coupon rate (with coupon payments coming once annually). The bond sells at par value. a. What are the convexity and the duration of the...

Answered: 1 week ago

Question

★★★★★

A city ordinance stipulates that all bicycle riders must wear a helmet. Bethany decides to enjoy a cigarette during a leisurely Sunday morning bike ride. As she goes to light the smoke, the chin...

Answered: 1 week ago

Question

★★★★★

2. A race car travels in a straight line. Let's call its position x. The acceleration of the race car is given by 5'30 t/T 0.x e where 9:0 is a constant with units of distance and T is a constant...

Answered: 1 week ago

Question

★★★★★

Eight-year-old Rubio does not play with his classmates, and when he does have to interact with them he tends to get frustrated and doesn't understand how to interact with them. Even at home, Rubio...

Answered: 1 week ago

Question

★★★★★

People disagree regarding the extent to which we should be anxious and fearful of how new technologies will affect our society.What are the potential ramifications of being constantly connected to...

Answered: 1 week ago

Question

★★★★★

When planning instruction, a teacher must integrate curriculum and instructional strategies that students can relate to on a personal level. Consider the community in which you plan to teach....

Answered: 1 week ago

Question

★★★★★

Maggie just had a car accident. There was no one seriously hurt, but both vehicles may be beyond repair. Maggie is obviously shaken up as she calls you for help. What symptoms might Maggie be...

Answered: 1 week ago

Question

★★★★★

A guest received a full day package at the Spa from her husband as a gift. She makes an appointment and calls the day prior to re - confirm. When she arrives no reservations are found. The Spa is...

Answered: 1 week ago

Question

★★★★★

Below are some statements about the Modigliani and Miller (MM) theories on capital structure. Which statement(s) is true? (Choose more than one answer if they are correct) a. In a world with no...

Answered: 1 week ago

Question

★★★★★

Make a list of the primary differences between the command and control, and the coordination response models.

Answered: 1 week ago

Question

★★★★★

Contact your local ham radio organization and take a certification course. Use your certification to get involved in local response. You can get more information from the Amateur Radio Relay League...

Answered: 1 week ago

Question

★★★★★

What are some of the reasons why communications among responding agencies is crucial?

Answered: 1 week ago

Previous Question Next Question