Question
Desai Inc. has the following data, in thousands. Assume the firm uses a 365-day year. Annual sales $45,000 Annual cost of goods sold $30,000 Inventory
Desai Inc. has the following data, in thousands. Assume the firm uses a 365-day year.
Annual sales $45,000 Annual cost of goods sold $30,000 Inventory $4,500 Accounts receivable $1,800 Accounts payable $2,500
1. What is the firms inventory conversion period? *
38.93 days
54.75 days
14.60 days
30.42 days
None of the above
2. What is the firms average collection period? *
38.93 days
54.75 days
14.60 days
30.42 days
None of the above
3. What is the firms payable deferral period? *
38.93 days
54.75 days
14.60 days
30.42 days
None of the above
4. What is the firms cash conversion period? *
38.93 days
54.75 days
14.60 days
30.42 days
None of the above
5. Assume the company could lower its inventories and accounts receivables by 8% each, without affecting sales or cost of goods sold, what would be the new CCC? *
50.37 days
13.43 days
33.38 days
30.42 days
None of the above
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Risk Management For Forex Trading Beginners Tips For Managing Risk In Forex Trading For Beginners
Authors: J.r. Bosanko
1st Edition
1542317657, 978-1542317658
