What is the firms cash conversion cycle

Assignment Help Financial Management

Reference no: EM131914934

ABC has 25 million of accounts receivable, 31 million of inventory and 50 million of accounts payable.

Its average daily sales are 969,000 and its gross profit margin is 30 percent. What is the firm's cash conversion cycle?

Reference no: EM131914934

Questions Cloud

What amount do the uninsured depositors lose if the fdic use : What amount do the uninsured depositors lose if the FDIC uses the insured depositor transfer method to close the bank immediately?

Determine what is the beta of your portfolio : You also own $17,127 of Rent-a-Center (beta = 1.77) and $15,051 of Lincoln Educational (beta = 0.81).

Prepare a post-closing trail balance : Prepare a post-closing trail balance. Prepare an Income Statement, Statement of Retained Earnings, and a Classified Balance Sheet.

Calculate average collection periods and accounts receivable : Calculate average collection periods and accounts receivable under the old and the new policies.

What is the firms cash conversion cycle : Its average daily sales are 969,000 and its gross profit margin is 30 percent. What is the firm's cash conversion cycle?

Which do you consider the easiest to avoid or fix : Monroe and Cox, in their article, Pricing Practices That Endanger Profits. Which do you consider the easiest to avoid or fix? Why?

What is the market value of this stock : As a result it is going to reduce its annual dividend by 10% a year for the next three years. After that it will maintain a constant dividend of $.70 a share.

What method yields the highest depreciation expense : What method yields the highest depreciation expense for 2014? What method yields the most depreciation over the three-year life of the equipment?

After 1980 which banks could receive discount loans : During the financial crisis of 2007-2009, the Fed's discount lending expanded through the creation of that made loans to a variety of institutions including

User Account

All Pages