Calculate ad working capital cycle

Assignment Help Accounting Basics
Reference no: EM133085505

Question - AD, a manufacturing entity, has the following balances at 30 April 2015:

Extract from financial statements: $000

Trade receivables 216,000

Trade payables 97,000

Revenue (all credit sales) 992,000

Cost of sales 898,000

Purchases in year 641,000

Inventories at 30,000

April 2015:

Raw materials 111,000

Work in progress 63,000

Finished goods 102,000

Required - Calculate AD's working capital cycle.

Reference no: EM133085505

Questions Cloud

Should Chen buy the new machine : It would have zero salvage value at the end of its life. The project cost of capital is 11%, and its marginal tax rate is 25%. Should Chen buy the new machine
Determine the amount of salaries earned : A company pays its employees $4,350 each Friday, determine the amount of salaries earned but unpaid at the end of the accounting period
Calculate the labor rate variance : Calculate the labor rate variance and the labor efficiency variance? How do indicate whether the variances are favorable or unfavorable
Calculate unit costs under activity based costing : Direct labor cost $12 per unit for each product Expected annual manufacturing overhead costs $900,000. Calculate unit costs under Activity Based Costing
Calculate ad working capital cycle : AD, a manufacturing entity, has the following balances at 30 April 2015: Revenue (all credit sales) 992,000. Calculate AD working capital cycle
What would be the amount of the manufacturing overhead : If prime costs has a total amount of 660,480, what would be the amount of the manufacturing overhead if it is 40% of the total manufacturing costs
What is the npv : At the end of Year 3, the building will be sold for $300,000 in net sales proceeds. Similar investments yield a 12% return. What is the NPV
Prepare responsibility report for home appliance division : In addition First Fast Pte Ltd incurs $160,000 of indirect fixed costs that were budgeted at $175,000. Prepare responsibility report for Home Appliance Division
What the corporation adjusted tax basis in transferred truck : Immediately after the transfer, Kristina owned 80% of the corporation's stock, What the corporation's adjusted tax basis in the transferred truck

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd