What is the length of custom car cash cycle

Assignment Help Financial Management

Reference no: EM132033518

1. Custom Cars an accounts payable period of 42 days and an accounts receivable period of 36 days. The company turns over its inventory 12.8 times per year. What is the length of Custom Cars operating cycle and what is the length of Custom Car’s cash cycle? (please show how you arrive at your answer)

2. Patti’s Perfect currently has a 77 day operating cycle. The company is concentrating on increasing its inventory turnover rate from 6.5 times per year to 9.0 times. What will the firm's new operating cycle be if Patti can effectively make this change? (to the nearest whole year and please show how you arrive at your answer)

Reference no: EM132033518

Questions Cloud

Identify the kind of sentence for the sentence below : Identify the kind of sentence for the sentence below.

How spot rate and forward rate affects the annual cash flow : How spot rate and forward rate affects the annual cash flow? Also the importance of hedging too?

Compound-complex-simple-compound-complex : Identify the kind of sentence for the sentence below. Risk is also increased when the pilot fails to monitor the systems.

Identify the kind of sentence for the sentence below : To enable readers to replicate your project, you must also explain the procedures or methods you used.

What is the length of custom car cash cycle : What is the length of Custom Cars operating cycle and what is the length of Custom Car’s cash cycle?

Identify the kind of sentence for the sentence below : A secondary research report would be different from a primary research report because it presents information gained mostly from printed or online information

What is the projected net present value of project : ABC firm has a capital structure which is based on 60% common stock, What is the projected net present value of this project?

Infinite combinations of pilot skill : Any flight you make involves almost infinite combinations of pilot skill, experience, condition, and proficiency; aircraft equipment and performance

Operating cash of firm was estimated : If operating cash of a firm was estimated to be 0.5% of sales, the comprehensive income of this firm was $59,129, and net profit margin was 9%

User Account

All Pages