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need quickly, will like!!! Collection float is made up of all of the following EXCEPT .. A. processing float B. availability float C. disbursement float
need quickly, will like!!!
Collection float is made up of all of the following EXCEPT .. A. processing float B. availability float C. disbursement float OD. mail float Ally Manufacturing has an average accounts payable balance of $420,000. Its average annual cost of goods sold is $10,220,000. It receives terms of 2/15 net 30 from its suppliers. Is Ally managing its accounts payables well? BE O A. Yes, since it, on average, chooses not to take the discount, but pays when payment is due B. Yes, since it, on average, takes the discount, and pays at the end of the discount period, C. Yes, since it on average, stretches payment beyond the due payment date D. No, since it on average does not take advantage of the discount period and pays well before payment is due. Sales$122,800 Cost of Goods Sold 104,380 Accounts Receivable 10,900 Inventory1,420 Accounts Payable22,640 Cromwell Incorporated has the information shown above on its annual Income Statement and Balance Sheet (all numbers shown are in thousands) What is Cromwell's cash conversion cycle? OA. 111.6 days OB 24 3 days OC.-41.8 days D. -36 1 days Step by Step Solution
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