Calculate accounts receivable period accounts payable period

Assignment Help Financial Management

Reference no: EM131188751

Income statement data

sales 6,900

cost of goods sold 6,100

balance sheet data

inventory 680

accounts receivable 300

accounts payable 460

calculate the accounts receivable period accounts payable period, inventory period and cash conversion cycle for the above firm. (Use 365 days in a year. do not round intermediate calculations. round your answers to 1 decimal place)

a. accoounts receivable period ______days

b. account payable period ______days

c. inventory period ______days

d. cash conversion cycle ______days

Reference no: EM131188751

Questions Cloud

What is the cost of gasoline that makes option affordable : what is the cost of gasoline (dollars per gallon) that makes this option affordable when the buyer 's interest rate is 10% per year? The car will be driven 100,000 miles

Financial decisions on sustainability and social responsibil : Should corporations consider the impact of their financial decisions on sustainability and social responsibility? Why or why not. Discuss

Shares of cumulative preferred stock outstanding : Enterprise storage company has 530000 shares of cumulative preferred stock outstanding which has a stated dividend of 6.75. It is six years in arrears in it's dividend payments. Use appendix b for an approximate answer but calculate your final answer..

Describe the concepts of filters pipes and redirection : Describe the concepts of filters, pipes, and redirection and explain how and what the following commands are trying to accomplish (if some commands are not yet familiar, you can describe the overall process of each step).

Calculate accounts receivable period accounts payable period : calculate the accounts receivable period accounts payable period, inventory period and cash conversion cycle for the above firm.

Explain the impact of such a policy : The administration announced that households would receive a reduction in their taxes for the year 1992. However, this was not accom- panied by a reduction in tax rates, and the taxes would have to be repaid when households led their taxes in Apri..

Maximizing the social value of wealth : As a society, how can we minimize the "greed for gain" while maximizing the social value of wealth?

Determining taxable income : (a) List and explain any three deductions that may be available against gains or profits from employment. (b) Mr. Matata has approached you with a view to obtaining help in determining his taxable income for 2005. He has supplied the following inf..

Return on investments based on cash flow received over time : This project allows you to think critically and apply decision-making management techniques. In this project, you need to solve a bond portfolio problem, a diversified portfolio problem, and a cash flow problem. Calculate the return on investments ba..

User Account

All Pages