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Your boss asks you to compute your company's cash comversion cycle. Looking at the financial statements, you see that the average inventory for the year was $29,300, accounts receivable averaged $22,000, and accounts payable averaged $19,100. You also see that the compary had sales of $153,000 and that cost of goods sold was $122,400. Calculate firm's cash conversion cycie. (Use 365 days for calculation. Round intermediate calculations and final answer to 1 decimal place, es. 15.1.) The firm's cash conversion cycle is Question 14 of 40 View Policies Current Attempt in Progress Sunland Technologr's operating cycle is 79 days. its inventory was $131.000 at the end of lat year, and the company had cost of goods. sold of $1.9 million. How lone does it take Sumband to collect its receivables on average? (Use 365 days for calculation. Round intermediate calculations and final anwer to 1 decimal ploce, es. 25.1.) It takes Sunland days to collect on its accounts recelvable. e eTexthonk and Medis Question 15 of 40 View Policies Current Attempt in Progress Ivanhoe Traders is one of the largeat RV dealers in Austin, Texas, and sells about 2.500 recreational vehicles a year, The cost of placins an order with Ivanhoe's supplier is $600, and the imventory carrying costsare 5190 for each RV. Management likes to maintain safety stock of 12 RVs. Most of its sales are made in either the spring or the fall. How many orders should the firm place this year? (Round intermediate calculations to 1 decimal ploce, es. 15.5 and final answer to o decimal places, e.. 15.) The firm will place orders this year. The Crane Market, Inc, balance sheet for the fiscal year ending September 25, 2016 included the following: total current assets of $1.980 million, total assets of $5,538 million, total current liabilities of $1.088million, and total liabilities of $1,660million. What was the company's net working capital on September 25,2015? (Enter answer in thousands.) Net Working Capital Question 18 of 40 Vicw Poticies Current Attempt in Progress Blossom Manufacturing Company purchaxes 9.800 units of Part 38X each year. The cost of placing an order is $4 and the cost of carrying one part in imentory for a year is $1. What is the economic order quantity (EOQ) for part 38X if the compaay carries a safety stock of 100 units? How many orders Will the company need to place each year? (Round answers to O decimal places, e.s. 150.) Economic order quantity parts Number of orders Crane Wool Company management is doing some financial planning for the coming year. Crane plans to raise $10,000 in new equity this year and wants to pay a dividend to stockholders of $40,000. The firm must pay $20,000 of interest during the year and will also pay down principal on its debt obligations by $10,000. Its capital budgeting plan calls for $114,000 of capital expenditures during the year. Glven the above information, how much cash must be provided from operations for the firm to meet its plan? Cathfrom operations Your fnance textbook sold 46,000 coples inits frst year. The publishing conpany expects the sales to grow at a rate of 23 percent each year for the next three years and by 10 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in years 3 and 4. (If you solve this problem with algebro round intennediate calculotions to 6 decimal ploces, in all cases round your final answers to the nearest whole number.) Number of copies sold in 3 years Number of copies sold in a years Eurrent Attempt in Progress Sandhill, inc. had sales last year of $740,000, and the analysts are predicting strong future performance for the start-up, with sales growing 16 percent a year for the next three years. After that, the sales should grow 10 percent per year for two years, at which time the owners are planning to sell the company. What are the projected sales for the last year before the sale? (If you salve this probiem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Projected sales in fith year $ eTextbook and Media Attempts: 0 of 3 used Using multiple atternpts will impact your score. 20%6 score reduction after attempt 2 Barbara Jones anticipates needing $490,000 to start a business. If she car eam 5.3 percent compounded annually on her investments. how much money would Barbara have to invest today to have $490.000 in 3 years? (Do not round intermediate calculations and round your final answer to the nearest pennyd Amount to be invested today eTextbook and Media Last seved 6 days ago Atteenpts: 1 of 3 used Saved work will be auto-submitted on the due date Autosubmission can take up to 10 minutes. Using multiple attempts will impact your score. 20k6 score reduction after attempt? David Davis is planning to invest $25,000 in a bank certificate of deposit (CD) for five years. The CD will pay interest of 10 percent. What is the future value of David's investment? (Round answer to 2 decimal places, eg. 52.75) Futurevalue eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score. 200 score reduction after attempt 2 Current Attempt in Progress You are a freshman in college and are planning a trip to Europe when you graduate from college at the end of four years. You plan to save the following amounts annually, starting today: $550,$660,$660, and $750. If you can earn 4.00 percent annually, how much will you have at the end of four years? (Round answer to 2 decimal ploces, es. 15.25. Do not round foctor values.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Futurevalue S Your boss asks you to compute your company's cash comversion cycle. Looking at the financial statements, you see that the average inventory for the year was $29,300, accounts receivable averaged $22,000, and accounts payable averaged $19,100. You also see that the compary had sales of $153,000 and that cost of goods sold was $122,400. Calculate firm's cash conversion cycie. (Use 365 days for calculation. Round intermediate calculations and final answer to 1 decimal place, es. 15.1.) The firm's cash conversion cycle is Question 14 of 40 View Policies Current Attempt in Progress Sunland Technologr's operating cycle is 79 days. its inventory was $131.000 at the end of lat year, and the company had cost of goods. sold of $1.9 million. How lone does it take Sumband to collect its receivables on average? (Use 365 days for calculation. Round intermediate calculations and final anwer to 1 decimal ploce, es. 25.1.) It takes Sunland days to collect on its accounts recelvable. e eTexthonk and Medis Question 15 of 40 View Policies Current Attempt in Progress Ivanhoe Traders is one of the largeat RV dealers in Austin, Texas, and sells about 2.500 recreational vehicles a year, The cost of placins an order with Ivanhoe's supplier is $600, and the imventory carrying costsare 5190 for each RV. Management likes to maintain safety stock of 12 RVs. Most of its sales are made in either the spring or the fall. How many orders should the firm place this year? (Round intermediate calculations to 1 decimal ploce, es. 15.5 and final answer to o decimal places, e.. 15.) The firm will place orders this year. The Crane Market, Inc, balance sheet for the fiscal year ending September 25, 2016 included the following: total current assets of $1.980 million, total assets of $5,538 million, total current liabilities of $1.088million, and total liabilities of $1,660million. What was the company's net working capital on September 25,2015? (Enter answer in thousands.) Net Working Capital Question 18 of 40 Vicw Poticies Current Attempt in Progress Blossom Manufacturing Company purchaxes 9.800 units of Part 38X each year. The cost of placing an order is $4 and the cost of carrying one part in imentory for a year is $1. What is the economic order quantity (EOQ) for part 38X if the compaay carries a safety stock of 100 units? How many orders Will the company need to place each year? (Round answers to O decimal places, e.s. 150.) Economic order quantity parts Number of orders Crane Wool Company management is doing some financial planning for the coming year. Crane plans to raise $10,000 in new equity this year and wants to pay a dividend to stockholders of $40,000. The firm must pay $20,000 of interest during the year and will also pay down principal on its debt obligations by $10,000. Its capital budgeting plan calls for $114,000 of capital expenditures during the year. Glven the above information, how much cash must be provided from operations for the firm to meet its plan? Cathfrom operations Your fnance textbook sold 46,000 coples inits frst year. The publishing conpany expects the sales to grow at a rate of 23 percent each year for the next three years and by 10 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in years 3 and 4. (If you solve this problem with algebro round intennediate calculotions to 6 decimal ploces, in all cases round your final answers to the nearest whole number.) Number of copies sold in 3 years Number of copies sold in a years Eurrent Attempt in Progress Sandhill, inc. had sales last year of $740,000, and the analysts are predicting strong future performance for the start-up, with sales growing 16 percent a year for the next three years. After that, the sales should grow 10 percent per year for two years, at which time the owners are planning to sell the company. What are the projected sales for the last year before the sale? (If you salve this probiem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Projected sales in fith year $ eTextbook and Media Attempts: 0 of 3 used Using multiple atternpts will impact your score. 20%6 score reduction after attempt 2 Barbara Jones anticipates needing $490,000 to start a business. If she car eam 5.3 percent compounded annually on her investments. how much money would Barbara have to invest today to have $490.000 in 3 years? (Do not round intermediate calculations and round your final answer to the nearest pennyd Amount to be invested today eTextbook and Media Last seved 6 days ago Atteenpts: 1 of 3 used Saved work will be auto-submitted on the due date Autosubmission can take up to 10 minutes. Using multiple attempts will impact your score. 20k6 score reduction after attempt? David Davis is planning to invest $25,000 in a bank certificate of deposit (CD) for five years. The CD will pay interest of 10 percent. What is the future value of David's investment? (Round answer to 2 decimal places, eg. 52.75) Futurevalue eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score. 200 score reduction after attempt 2 Current Attempt in Progress You are a freshman in college and are planning a trip to Europe when you graduate from college at the end of four years. You plan to save the following amounts annually, starting today: $550,$660,$660, and $750. If you can earn 4.00 percent annually, how much will you have at the end of four years? (Round answer to 2 decimal ploces, es. 15.25. Do not round foctor values.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Futurevalue S