FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Using the information below, compute the cycle efficiency: Days sales in accounts receivable 3 4 days Days sales in inventory 9 1 days Days payable

Using the information below, compute the cycle efficiency:
Days sales in accounts receivable 34 days
Days sales in inventory 91 days
Days payable outstanding 54 days
Multiple Choice
71 days.
56 days.
125 days.
101 days.
70 days.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Business Statistics Using Excel

Business Statistics Using Excel

Authors: Glyn Davis, Branko Pecar

2nd Edition

9780199659517

Students also viewed these General Management questions

Question

Product testing. A company is producing and marketing new reading activities for elementary school children that it believes will improve reading comprehension scores. A researcher randomly assigns...

Answered: 1 week ago

Question

★★★★★
Explain how a data warehouse database is fundamentally different from a transaction processing database.

Answered: 1 week ago

Question

★★★★★
a . Khaled knows there are few daycare facilities in the area, but many families looking for daycare. This scenario is an example of dependencies?

Answered: 1 week ago

Question

★★★★★
Why was the fairness doctrine created? To ensure that the federal government was never depicted in a negative manner on radio or television To ensure that public interest was placed first To ensure...

Answered: 1 week ago

Question

★★★★★
write a Business Memo The cafeteria at the college is a private company and is raising the price of the food. As a cafeteria manager, you must tell all your employees in your organization, the...

Answered: 1 week ago

Question

★★★★★
What measure have been undertaken by hospitals to control the costs of pharmaceuticals given the freedom physicians have to prescribe with no accountability for costs? Thoroughly defend your answer.

Answered: 1 week ago

Question

★★★★★
Assume the beach along the coast of Alaska has a slope of 1/250 and that the swell has the mean direction of propagation of 27 degrees, what is the alongshore flow rate? Would the flow rate change...

Answered: 1 week ago

Question

★★★★★
Describe how the distribution strategy creates value for the target. Compare the distribution strategy to competitors

Answered: 1 week ago

Question

★★★★★
a) The following problem and issues have arisen during the preparation of the draft financial statements of Dawes, a listed company, for the year to 30 September 20X6: Dawes capitalises borrowing...

Answered: 1 week ago

Previous Question Next Question