Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Cash conversion cycle
Primrose Corp has $16 million of sales, $1 million of inventories, $2 million of receivables, and $2 million of payables. Its cost of goods sold is 75% of sales, and it finances working capital with bank loans at an 7% rate. Assume 365 days in year for your calculations. Round intermediate steps to 2 decimal places.
What is Primrose's cash conversion cycle (CCC)? Round your answer to two decimal places.
_____ days
If Primrose could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold, what would be the new CCC? Round your answer to two decimal places.
How much cash would be freed-up? Round your answer to the nearest cent.
$ _____
By how much would pre-tax profits change? Round your answer to the nearest cent.
The sales forecast is often the starting point of the budgeting process. Identify and discuss key assumptions that are made in the creation of the sales forecast. How would you defend these assumptions when presenting your budget to the budget commit..
Create a budget for the set design and construction project and why don't you need to take into account fringe benefit costs for the workers?
A stock had returns of 14 percent, 25 percent, and 3 percent for the past 3 years. Based on these returns, what is the probability that this stock will earn at least 25.00 percent in any one given year? 5.0 percent 1.0 percent 2.5 percent 0.5 percent..
Assignment Exercise: Components of Balance Sheet and Statement of Net Income. Identify the following MHS balance sheet components. List the name of each component and its amount(s) from the appropriate MHS financial statement
The Wildcat Oil Company is trying to decide whether to lease or buy a new computer-assisted drilling system for its oil exploration business. Management has decided that it must use the system to stay competitive; it will provide $2.7 million in annu..
Estimate the market value and weight of each component of the capital structure and estimate the book value and weight of each component in the capital structure.
Of the following efficient market hypotheses, which one has research generally indicated is not correct? 1. weak 2. Semi Strong 3. strong 4. two of the options
Instead of immediately committing to one choice, you can take each service for a "test drive" to see which one you prefer - Price makes a big difference when it comes to choosing a streaming media service. Fortunately, all of the services are priced..
The price of preferred stock X is $65.00, and the divided per share is 7% of the par value of $100. Calculate the required rate of return on the preferred stock,rp.
Wu Corporation has been offered a loan of $1,000,000 at a rate of 8.5%, simple interest, with monthly interest payments and a 365-day year. What would the effective interest rate be on this loan? If Wu's $1,000,000 loan had been 8.5%, add-on, payable..
Find the solution using the mathematical equivalence formulae (such as F=P(1+i)n ), substitute and solve (with your calculator – not with the tables) for the final answer. Solve by using the proper equivalence expressions (such as F = P(F/P, i, n)) a..
Warner is expected to have its growth rate drop from 15% to 5% in 5 years. The last dividend was $2 and the discount rate is based on beta of 2, T bond rate of 6% and return of the market of 11%. First, find the value of Warner. Second, compute the y..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd