How much financing is required to support its cash

Assignment Help Finance Basics
Reference no: EM132199931

A firm has an average age of inventory of 65 days, an average collection period of 60 days and an average payment period of 65 days. The firm's total annual outlays for operating cycle investments are $3.65 million. Assuming a 365-day year, how much financing is required to support its cash conversion cycle?

Reference no: EM132199931

Questions Cloud

What is the effective annual rate when credit terms : What is the effective annual rate when credit terms are 2/10 net 35 days?
Should a candidates personal misdeeds outweigh his or her : Should a candidate's personal misdeeds outweigh his or her political views? Should a candidate's personal misdeeds outweigh his or her political track record?
How was the difficult person impacting the project : Describe a time when you had to work with a difficult person to complete a professional or personal project. How was the difficult person impacting the project?
What is the firm flotation-adjusted cash flow in year 0 : If your firm follows the practice of incorporating flotation costs into the project's initial investment, what is the firm's flotation-adjusted cash flow
How much financing is required to support its cash : Assuming a 365-day year, how much financing is required to support its cash conversion cycle?
Effective annual rate of interest on the commercial paper : Based on this information, the effective annual rate of interest on the commercial paper would be? (assume 360 days in a year.)
A description of your field instructors leadership style : A description of your field instructor's leadership style and an explanation of whether the leadership style will promote your agency.
How have the populations impacted by drugs changed : How has the issue of drug addiction and the ‘war on drugs' changed over the past 20 years?
Discuss the various types of issuers and investors : Discuss the various types of issuers and investors in fixed income securities.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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