User Account

All Pages

Calculate the operating cycle and the cash cycle

Assignment Help Financial Accounting
Reference no: EM132813611

Question - The following data is available for Quick Serve Trading Ltd.

Account Beginning balance Ending Balance

Accounts payable 120,300 124,400

Inventory 160,600 167,200

Long term debts 327,500 325,800

Common stock 400,400 415,900

Accounts receivable 123,400 122,300

Total revenue 737,000

Total cost of sales 265,000

Note - Assume that all sales are on credit)

Required -

a) Calculate the operating cycle and the cash cycle.

b) Interpret and explain the outcomes.

Reference no: EM132813611

Questions Cloud

Explain how you will address jim recent performance issues : Explain how you will address Jim's recent performance issues. Suggest both constructive and positive feedback designed so that Jim will leave motivated.
Make a multi-step income statement : As of December 31, 2019, Yamas had the following items on hand. Put together a multi-step income statement and classified balance sheet
Summarize company supplier responsibility information : Create a 3-5-minute (approximately 6-8 slides) PowerPoint presentation that evaluates how well the company embodies its issue-related values.
What is the total amount of interest the company has to pay : A company borrows $1.2 million to produce a project. What is the total amount of interest the company has to pay
Calculate the operating cycle and the cash cycle : The following data is available for Quick Serve Trading Ltd. Total cost of sales 265,000. Calculate the operating cycle and the cash cycle
Make a production cost report : Production: 6,520 units finished and transferred out; 3,000 units started that are 100% complete (as) to materials. Make a production cost report
Rank them in order to their expected return : Corporate bonds, speculative stocks, blue-chip stocks and government bonds stand for different asset classes. Rank them in order to their expected return
How the ethical dilemma can affect organization and society : Describe how the ethical dilemma can affect both the organization and society. Evaluate changes could have been made to prevent this ethical dilemma.
Discuss how you would assemble a team or committee : If you were asked to create this code, discuss how you would assemble a team or committee to write it. How would the committee work?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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