What is bcp cash conversion cycle

Assignment Help Finance Basics
Reference no: EM133119449

Buy-Cream Products (BCP) has an average accounts receivable balance of $1,250,000; an average inventory balance of $1,750,000; and an average accounts payable balance of $300,000. Its annual sales are $ 12,000,000 and its cost of goods sold represents 80% of annual sales. Annual purchases represent 75% of the cost of goods sold. Assume there are 365 days in a vear. What is BCP's cash conversion cvcle?

Reference no: EM133119449

Questions Cloud

Thunderstruck energy is a north american oil company : Thunderstruck Energy is a North American oil company. Its current cost of debt is 7.43%, and the 10-year U.S. Treasury Yield is 3%. The expected return of the M
What is the present value of an annuity : 1. Calculate the monthly payment on a $300,000 mortgage with an annual interest rate of 4 percent for 30 years.
In a bridge loan the lender : In a Bridge Loan the lender?
Total risk of an asset returns : 1. Like the CAPM model, the APT model is also based on the premise that the total risk of an asset's returns can be decomposed into systematic and unsystematic
What is bcp cash conversion cycle : Buy-Cream Products (BCP) has an average accounts receivable balance of $1,250,000; an average inventory balance of $1,750,000; and an average accounts payable b
Would the approach change over time : Entry modes are not the only factor that a firm needs to consider in entering international markets - Describe in detail the possible choices of entry mode
Common stock with the market price : A firm is a common stock with the market price of $100 per share in an expected dividend of $5.61 per share at the end of the coming year a new issue of style i
Calculate the price on its issue date : Question - The simple rate of return of a 182-day treasury bill with a face value of $20,000 is 5.25% per year. Calculate the price on its issue date
Money japanese yen call option contracts : Techno-Logical Inc. Is a smart-phone maufacuter and has issued a 5 year discount note in the amount of 160 million Japanese yen for procurement from its supplie

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