What is the length of the firm operating cycle

Assignment Help Finance Basics
Reference no: EM13287127

Kurt's Enterprises has a receivables turnover rate of 11.8, a payables turnover rate of 12.4, and an inventory turnover rate of 15.6. What is the length of the firm's operating cycle?

A. 24.89 days
B. 39.80 days
C. 54.33 days
D. 72.56 days
E. 83.77 days

 

Reference no: EM13287127

Questions Cloud

Define the number of bonding electrons : Determine the number of bonding electrons and the number of nonbonding electrons in the structure of XeF2
How many shares can the firm repurchase : Management is considering issuing $50,000 of debt at an interest rate of 7 percent and using the proceeds on a stock repurchase. Ignore taxes. How many shares can the firm repurchase if it issues the debt securities?
What is the launch speed needed to hit the bulls-eye : In Denver, children bring their old jack-o-lanterns to the top of a tower and compete for accuracy in hitting a target on the ground, what is the launch speed needed to hit the bulls-eye
Explain why is ticl4 considered an acid : Can you please help me identify an acid from a base. What are the steps in identifying it by looking at a molecule. For example why is TiCl4 considered an acid
What is the length of the firm operating cycle : Kurt's Enterprises has a receivables turnover rate of 11.8, a payables turnover rate of 12.4, and an inventory turnover rate of 15.6. What is the length of the firm's operating cycle?
What is the potential at the top of pikes peak : On a clear day the electric field in the atmosphere near the earth's surface is 100 N/C, directed vertically downward. What is the potential at the top of Pike's Peak, 14,110 ft above sea level
What is the maximum value of the magnitude of h : A resistor denoted as RL is connected in parallel with the capacitor in the circuit. The loaded low-pass filter circuit.a) Derive the expression for the voltage transfer function Vo/Vi. b) At what frequency will the magnitude of H(jω) be maximum
What is the economic order quantity : The carpets are sold out before they are restocked. What is the economic order quantity?
Electronic marketing : 1. Facebook was designed as a C2C web site. It has had to adapt to being a B2C as well as a C2C web site. Do you feel it is now effective for businesses to use Facebook to promote their business? Whats your experience been with businesses usin..

Reviews

Write a Review

Finance Basics Questions & Answers

  Discuss why financial institutions are heavily regulated

After the training session on monetary policy and its ability to influence the money supply, you determine focus on the other key role of Fed, which is regulating the nation's banks.

  Computation of npv of lump sum future receipt

Computation of NPV of lump sum future receipt and annuity receipts also How much should Mr. & Mrs. Smith deposit now in a bank account paying 9 percent to reach financial happiness during retirement

  Protecting against foreign exchange risk

Illustrate out the foreign exchange risk? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations?

  Describe any control techniques in financial statements

Using the companies selected for the Review of Financial Statements Paper, make a summary comparing the companies two most recent fiscal years based on;

  What are the firm''s market value capital structure weights

What are the firm's market value capital structure weights?

  Average returns and standard deviations for their stocks

The countries of Stabilato and Variato hae the following average returns and standard deviations for their stocks, bond, and short-term government securities. What range of returns should you expect to earn 95 percent of the time for each asset class..

  Revaluation of yuan

From the perspective Chinese government should they accelerate an upward revaluaton of the Yuan (Renminbi)? Yes or no and why.

  What were the total dividends paid to shareholders

What were the total dividends paid to shareholders during the most recent year?

  Interest rates and future strength or weakness of us dollar

Suppose that foreign interest rates are expected to rise above US interest rates. What does this suggest regarding the future strength or weakness of the US dollar?

  Evaluate the cumulative adjustment factor

Evaluate the cumulative adjustment factor and determine the return since you bought the stock

  How much revenue would have to be realized each year

A machine is purchased for $36,000 and will have a market value (salvage value) of $8,000 at the end of its 8 year useful life. If MARR= 9%, how much revenue would have to be realized each year to recover the cost of capital?

  What is the companys total assets turnover

What is the company's total assets turnover? Round your answer to two decimal places.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd