Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 05, 2024

if the calculated days of working capital is 48.66 days and the bench mark fot the industry is 30 days, is it favourable or unfavourable

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

Financial Liberalization And Bank Performance Empirical Evidence From Pakistan

Authors: Ghulam Shabbir Khan Niazi, Abid Aman

1st Edition

3639218220, 978-3639218220

More Books

Students also viewed these Finance questions

Question

★★★★★

Describe the characteristics of good production metrics and the types of KPIs that companies should monitor.

Answered: 1 week ago

Question

★★★★★

Frank Meram attended a presentation by Robert MacDonald, who was promoting his new book, Cheat to Win. MacDonald was a multimillionaire who had started as an insurance agent and built his company,...

Answered: 1 week ago

Question

★★★★★

6. A childrens toy retailer has decided to set up an online store. a) Explain two advantages to the retailer of using this method of selling as opposed to selling from a high street shop. (4) b)...

Answered: 1 week ago

Question

★★★★★

Assume the same facts as in E 12 for Soaking Wet, Inc. Management has decided that only capital investments that yield at least a 5 percent return will be accepted. Using the accounting...

Answered: 1 week ago

Question

★★★★★

if the calculated days of working capital is 48.66 days and the bench mark fot the industry is 30 days, is it favourable or unfavourable

Answered: 1 week ago

Question

★★★★★

A key - dependent, one - way hash function that allows only specific recipients ( symmetric key holders ) to access the message digest.

Answered: 1 week ago

Question

★★★★★

The Horizons Bull Plus Fund seeks daily expected returns that are two times (200%) the performance of the market portfolio. If the risk free rate is 3.75% and the expected return on the market is...

Answered: 1 week ago

Question

★★★★★

Consider the time series model defined by X =x-ax-2 +3X-3 +&+ where {E} is white noise. (i) Show that the autocorrelation coefficient with lag 1 for this process is: Pi - (ii) Consider the case where...

Answered: 1 week ago

Question

★★★★★

Screening tests are often used in clinical practice to assess the likelihood that a person has a medical condition. The rationale is that, if disease is identified before symptom onset, then earlier...

Answered: 1 week ago

Question

★★★★★

Sheridan Company is preparing its master budget for 2022. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales: Sales for the year are expected to...

Answered: 1 week ago

Question

★★★★★

Day Systolic Diastolic Pulse 1 110 74 68 2 112 73 62 3 120 75 63 4 118 71 74 5 114 83 62 6 120 81 65 7 116 78 67 8 117 78 69 9 119 80 77 10 118 75 67 11 22 114 81 62 12 120 79 56 13 120 77 65 14 112...

Answered: 1 week ago

Previous Question Next Question