User Account

All Pages

What is the cash conversion period

Assignment Help Accounting Basics
Reference no: EM132687888

Problem 1: A company buys and sells widgets on credit. The inventory conversion period is 31 days. The receivables conversion period is 23 days. The accounts payable conversion period is 28 days. What is the cash conversion period?

Option 1: 23 days

Option 2: 26 days

Option 3: 54 days

Option 4: 82 days

Reference no: EM132687888

Questions Cloud

Calculate the partner basis in the assets distributed : Calculate the partner's basis in the assets distributed to that partner and the partner's post-distribution basis in her partnership interest.
Explain what working capital is : Explain what working capital is and how it is computed. What are current liabilities? What are liabilities? What is equity? What are assets?
Will the proposed plan work and why or why not : White Corporation, Will the proposed plan work? Why or why not? This year, it recognized a $50 million capital gain from the sale of a subsidiary.
When should make the general journal june : On the 22nd June 20X3 the company determined a final dividend. When should make the general journal? 22nd June? or 14th July? or 1st October?
What is the cash conversion period : The receivables conversion period is 23 days. The accounts payable conversion period is 28 days. What is the cash conversion period?
How many units of each product would be sold at break-even : Dragon Sports Inc. How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point?
Find how much would operating income increase : Find How much would operating income increase if same-store sales increased by $1,400 million for the coming year, with no change in the contribution margin?
Prepare the journal entry to close the credit balance : Prepare the journal entry to close the credit balance in Underand Overapplied Factory Overhead. Determine the prorated amount of the overapplied factory.
Prepare an income statement according to the absorption cost : Income Statements under Absorption and Variable Costing. Prepare an income statement according to the absorption costing concept.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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