Cullumber Corp. sells its goods with terms of 4/12 EOM, net 30. What is the implicit cost of the trade credit? (Do not round itermediate calculations. Use 365 days for calculation. Round answer to 2 decimal places, e.g. 12.25%.)

The implicit cost of the trade credit is %.

Ivanhoe Corporation sells its goods with terms of 5/17 EOM, net 45. What is the implicit cost of the trade credit? (Do not round itermediate calculations. Use 365 days for calculation. Round answer to 2 decimal places, e.g. 12.25%.)

The implicit cost of the trade credit is %.

Wildhorse Cosmetics management is setting up a line of credit at the companys bank for $5 million for up to two years. The interest rate is 5.70 percent and the loan agreement calls for an annual fee of 53 basis points on any unused balance for the year. If the firm borrows $2.3 million on the day the loan agreement is signed, what is the effective rate for the line of credit? (Round answer to 2 decimal places, e.g. 12.25%.)

Effective interest rate

enter the effective interest rate in percentages rounded to 2 decimal places %

Your boss asks you to compute your companys cash conversion cycle. Looking at the financial statements, you see that the average inventory for the year was $21,600, accounts receivable averaged $21,800, and accounts payable averaged $18,600. You also see that the company had sales of $167,000 and that cost of goods sold was $133,600. Calculate firms cash conversion cycle. (Use 365 days for calculation. Round intermediate calculations and final answer to 1 decimal place, e.g. 15.1.)

The firms cash conversion cycle is enter the cash conversion cycle in days rounded to 1 decimal place days.