User Account

All Pages

What is the length of its cash conversion cycle

Assignment Help Accounting Basics
Reference no: EM133001514

Question - Mark's Manufacturing's average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle?

Reference no: EM133001514

Questions Cloud

Calculate the break-even point in units : Problem - Priest and Sons, a local manufacturer of a product that sells for $13.50 per unit. Calculate the break-even point in units
Evidence of understanding for what the numbers mean : Evidence of understanding for what the numbers mean - Why we haven't used class A in the lab script instead of class B. What would be the different
What was the final payment : The loan was repaid in full on December 20, with payment of $2700.00 on September 19 and 31,000.00 on November 1. What was the final payment
How much must ed invest today to pay his son : Assume Ed can invest his money at 4% in an ordinary annuity. How much must Ed invest today to pay his son $350 semiannually for 12 years
What is the length of its cash conversion cycle : The average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle
Which loan will have the lowest total payback amount : Which loan will have the lowest total payback amount? Without any calculation involving TVM, what offer would James accept
What is the total market value of firm : The current stock price for a company is $39 per share, and there are 8 million shares outstanding. This firm also has 130,000 bonds outstanding, which pay inte
Write a short essay on positive accounting : Write a short essay on positive accounting/mainstream accounting research perspective and Mainstream accounting or positive accounting methodology
What is the tax status of the equipment : What is the tax status of the equipment (character of the property - i.e., inventory, capital asset, §1231 asset, etc.), -How much is his gain

Reviews

Write a Review

Accounting Basics Questions & Answers

  At the market close on february 19 2010 mcdonalds

at the market close on february 19 2010 mcdonalds corporation had a closing stock price of 64.74. in addition

  How that asset is valued is a very important issue

How that asset is valued is a very important issue for both the company and others outside the company (i.e. government (IRS)).

  What is the maximum amount the creditor can forgive

Prior to any forgiveness of debt, John listed assets worth $500,000 and liabilities of $550,000. What is the maximum amount the creditor can forgive

  What is marcs current marginal tax rate

Marc, a single taxpayer, earns $60,000 in taxable income and $5,000 in interest from an investment in city of Birmingham. What is his current marginal tax rate?

  How much should Karen sell her bonds today

New annual coupon bonds with similar risk and maturity are currently yielding 10 percent. How much should Karen sell her bonds today

  How much would charles need to invest today to have the

comprehensive the following are three independent situations1. k. herrmann has decided to set up a scholarship fund for

  Calculate gross profit

Using the following information calculate gross profit. Total purchases is $10,000, Price of one unit is $20 and the company sold 2000 units

  Prepare a summary of the variances

Prepare a summary of the variances. Does the unfavorable overhead volume variance suggest that overhead cost are out of control

  Compute American Opportunity tax credit for Jane tuition

Jane graduates from high school in June 2019. In 2019, compute the American Opportunity tax credit for Jane's tuition and fees before any AGI limitation

  Should Axillar go ahead with the new conditioning shampoo

The machinery will cost $375,000, Based on your answer to (a) above, should Axillar go ahead with the new conditioning shampoo

  The bookkeeper already corrected the sales account however

one client had indicated that they were interested in purchasing 42500 worth of products so the bookkeeper recorded the

  What were the cash proceeds many years

In 1952 your grandfather left your mother a $5,000 U.S. government bond, What were the cash proceeds many years later, in 2020?

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