Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 07, 2024

The cash conversio cycle of a company is 6 9 days. The time it takes to pay back its payables is 4 8 days. It

The cash conversio cycle of a company is

69

days. The time it takes to pay back its payables is

48

days. It takes

60

days to collect the debts trom its credit customers. How long does it take to tum its inventory into sales?

. 40

days

. 80

dgys

. 56

days

. 128

day

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

The Management Of Business Finance

Authors: John Freear

1st Edition

0273014315, 978-0273014317

More Books

Students also viewed these Finance questions

Question

★★★★★

The compound beam below has an internal moment release just to the left of B and a shear release just to the right of C. Reactions have been computed at A, C and D and are shown in the figure. First,...

Answered: 1 week ago

Question

★★★★★

=+31. Gallup poll. The Gallup organization periodically asks the following question: If your party nominated a generally well-qualified person for president who happened to be a woman, would you vote...

Answered: 1 week ago

Question

★★★★★

Solve these various time value of money scenarios. 1. Suppose you invest a sum of $ 3,500 in an interest- bearing account at the rate of 10% per year. What will the investment be worth six years from...

Answered: 1 week ago

Question

★★★★★

Write a C program that declare two integers, one character, and one float variable then initializes them to 4 5 6 , 7 8 9 , ' C ' , and 3 . 1 4 . Finally, print the values out to the screen.

Answered: 1 week ago

Question

★★★★★

Please help You need a particulas plece of equipment for your production process. An oquigmont-loasing company has oflerod to lease the equipmant to you for $9,800 per year if you sign a guarantoed 5...

Answered: 1 week ago

Question

★★★★★

Required information [The following information applies to the questions displayed below.] Damarcus is a 50 percent owner of Rockit (a business entity). In the current year, Rockit reported a...

Answered: 1 week ago

Question

★★★★★

Question 9 0.5 Points Determining if the development of a new business process meets all state and federal requirements would typically be part of a (A) Specifications document B) Charter (C) Minimal...

Answered: 1 week ago

Question

★★★★★

2. In considering audience, one must think about (check all that apply) Who will use the information directly Who may dislike or resist the information and how to soothe that Who will file the...

Answered: 1 week ago

Question

★★★★★

Economic order quantity (Q*) is 2,000 units. Annual demand (D) is 12,000 units. Find number of orders per year (N*) and time between orders (T*) in weeks. ON-6 times per year, T*= 8.67 weeks ON-6...

Answered: 1 week ago

Question

★★★★★

Crane Manufacturing Ltd. has the following cost and production data for the month of November. Conversion costs are incurred uniformly throughout the process. Units in beginning work in process...

Answered: 1 week ago

Question

★★★★★

Describe the general recruitment process for persons interested in being employed by healthcare organizations governed by civil service systems

Answered: 1 week ago

Question

★★★★★

Appreciate special recruitment concerns, such as recruiting during periods of labor shortage

Answered: 1 week ago

Question

★★★★★

Recognize both the advantages and occasional disadvantages of promotion from within the organization

Answered: 1 week ago

Previous Question Next Question