Calculate the operating and cash cycles

Assignment Help Financial Management

Reference no: EM131925183

Calculating Cycles. Consider the following financial statement information for the Ayala Corporation:

Item Beginning Ending Inventory $ 10,400 $ 11,400

Accounts receivable 5,400 5,700

Accounts payable 7,600 8,000

Credit sales $ 84,000

Cost of goods sold 64,000

Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places, e.g., 32.16.)

Operating cycle day

Reference no: EM131925183

Questions Cloud

What is the price of bat company bond : They mature in 21 years, and their YTM is currently 15%. What is the price of a Bat Company Bond?

Assuming the Unleveraged After Tax IRR on the property : Assuming the Unleveraged After Tax IRR on the property purchased for the Price in a) above is 8.3%,

What is the expected return of portfolio : What is the expected return of this portfolio?

What is the after-tax salvage value of asset at year four : Strong Steel, Inc. is considering launching a new product in the coming year. What is the after-tax salvage value of the asset at year 4?

Calculate the operating and cash cycles : Calculate the operating and cash cycles.

About traders expectations of future interest rates : Suppose the 180-day bill rate is higher than the 90-day rate. What does that imply about traders’ expectations of future interest rates?

Positive relationship between risk and return : The capital Asset Pricing Model/SML dictates a positive relationship between risk and return.

Assume debt proceeds are used to repurchase equity : Assume debt proceeds are used to repurchase equity. Ignoring taxes, what will the company’s value be if it sells $33 million in debt?

Statements about the payback method : Which one of the following statements about the payback method is not true?

User Account

All Pages