Calculate the length of the cash operating cycle

Assignment Help Accounting Basics
Reference no: EM133153750

Question - The table below gives information extracted from the annual accounts of Mana Co for the past year.

$

Inventory: Finished goods 86,400

Receivables 172,800

Payables 96,400

Purchases 518,400

Cost of goods sold 756,000

Sales 864,000

Required - Calculate the length of the cash operating cycle (assuming 365 days in the year).

Reference no: EM133153750

Questions Cloud

Compute dollar value of the impact of policy on employers : Further suppose that under the minimum wage legislation, only 500 workers would be employed. Compute dollar value of the impact of policy on employers
Discuss the concepts of discontinuities and megatrends : Outline and discuss the concepts of discontinuities and megatrends and their impacts on the strategic management of organisations.
Credit valuation adjustment : How can banks lower their capital requirements from the Credit Valuation Adjustment (CVA)?
What are the corner points of the feasible region : The Northwest Flower Company owns a greenhouse, which furnishes roses and carnations to florists in Oregon, Washington, and Idaho.
Calculate the length of the cash operating cycle : The table below gives information extracted from the annual accounts of Mana Co - Calculate the length of the cash operating cycle
Difference between fixed and floating exchange rates : 1. Identify the difference between fixed and floating exchange rates. Provide an example of a situation where the fixed and floating exchange rates were used.
Determining compensation of dissatisfied customers : 1. Outline the following factors to consider when determining compensation of dissatisfied customers:
What amount of cost of goods sold restate : Start of year rate 1 (bp) = $1.09. What amount of cost of goods sold restate in US DOLLARS should appear in the consolidated income statement is
Analysis and evaluation of airline industry competition : Examine using Porter's 5-forces Model on the level of competition and rivalries in the Airline Industry. The statement should be specific and avoid blindness.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the total intangible assets on the balance sheet

Question - Given the following account balances at year end, compute the total intangible assets on the balance sheet of Crane Enterprises

  How do internal reports differ from external reports?

How do internal reports differ from external reports?

  Find a proposed standard from the current or prior year

Find a proposed standard from the current or prior year that is related to asset-type transactions only in the FASB Codification system.

  What total amount of expenses relating to these items

In the interim income statement for the six months ended June 30, 2022, what total amount of expenses relating to these items should be reported

  What substantive audit procedures should be performed

Determine what substantive audit procedures should be performed in response to each of the identified control deviation for the misstatements resulting

  What is the future value

Question - What is the future value of $10,000 at an annual interest rate of 12% but compounded semi-annually

  What are the estimated depletion and depreciation charges

MINA MINING CO. has acquired a tract of mineral land for P50,000,000. What are the estimated depletion and depreciation charges

  What are the issues and the challenges that auditors faced

The benefits of providing audit services to government, What are the issues and the challenges that auditors faced when auditing the government organizations

  Classification of activities

Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity.

  Question - Revenue and Expense Recognition

Question - Revenue and Expense Recognition - Sept. 5 Sold goods to customers for $7,600 on account. The cost of the goods to Alexander was $4,400

  What are generally accepted accounting principles

Answer the following questions related to GAAP. What are generally accepted accounting principles? What are the sources of these principles

  Orange corporation an accrual basis taxpayer received

a. eloise received 150000 in settlement of a sex discrimination case against her former employer.b. nell received 10000

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