Problem regarding the inventory turnover

Assignment Help Finance Basics
Reference no: EM131402057

ABC Corporation currently has an inventory turnover of 11.9, a payables turnover of 21.63, and a receivables turnover of 13.07. How many days are in the cash cycle?

Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

Reference no: EM131402057

Questions Cloud

Was given an experiment or an observational study : Was given an experiment or an observational study? Explain.- Is it reasonable to conclude that the candy caused guests to tip more? Explain.
Select two passengers to be searched : Describe a sampling strategy to randomly select those to be searched.- Here is the first-class passenger list and a set of random digits. Select two passengers to be searched, carefully demonstrating your process.
Evaluation of existing marketing mix elements : 1) Evaluation of existing marketing mix elements : a) Current Product,b) Current Price,c) Current Distribution,d) current Promotion strategy.2) Marketing environmental Scana) Economic,b) Competative,c) Political/Legal,d) Social/Cultural,e) Technologi..
Amount of the disbursement float : As of this morning, your firm had a ledger balance of $4,506 with no outstanding deposits or checks. Today, your firm deposited 6 checks in the amount of $377 each and wrote 7 checks in the amount of $656 each. What is the amount of the disburseme..
Problem regarding the inventory turnover : ABC Corporation currently has an inventory turnover of 11.9, a payables turnover of 21.63, and a receivables turnover of 13.07. How many days are in the cash cycle?
Describe sampling strategy to randomly select to be searched : Describe a sampling strategy to randomly select those to be searched.- Explain how you would use a random number table to select the coach passengers to be searched.
Calculate the chi-square statistic from contingency table : Calculate the chi-square statistic from this contingency table, and interpret the result. See attached excel to use My state is California.
Effective annual rate of interest : The terms of the sale were 1/6, net 44. What is the effective annual rate of interest? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.
Ethical decision making in modern organisations : -Is leadership essential to the development of ethical decision making in modern organisations?

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