User Account

All Pages

What is cash conversion cycle

Assignment Help Finance Basics
Reference no: EM132769496

Alta Custom Inc. has $5 million of inventory and $2 million of accounts receivable. Its average daily sales are $120,000. The company's payables deferral period (accounts payable divided by daily purchases) is 34 days. What is their cash conversion cycle? (Hint: You may use the average daily sales to substitute for average daily COGS, when COGS is not given)

Reference no: EM132769496

Questions Cloud

Project managers proceed from deliverables : How though do project managers proceed from deliverables, to activities, to the logical sequence?
Perceptual elements of visual media communication : Analyze and interpret perceptual elements of visual media communication to identify effective visual messages.
Steady rate in either direction : Often times we will see data that goes up and down and doesn't appear to be moving at a steady rate in either direction.
Provide the accounting entries necessary to account : Provide the accounting entries necessary to account for the above purchase by the Australian company for the year ending 31 December 2019
What is cash conversion cycle : What is their cash conversion cycle? (Hint: You may use the average daily sales to substitute for average daily COGS, when COGS is not given)
Which statement incorrect regarding member transfer : Which of the following statements is INCORRECT regarding a member's Transfer Balance Account when they are a member of an SMSF?
How your chosen innovation has changed : Explain how your chosen innovation has changed the way you complete daily tasks.
Prepare an income statement for the year ended April : The revenues and expenses of Chickadee Travel Service for the year ended April 30, 2019, follow: Prepare an income statement for the year ended April
What is the current price of the firm bonds for disney : At the time of issue, the bonds sold at par. Assuming semi-annual payments and a 4.125% yield to maturity, what is the current price of the firm's bonds?

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!

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