What is the length of the firms cash conversion cycle

Assignment Help Financial Accounting

Reference no: EM133344256

Question: Negus Enterprises has an inventory conversion period of 51 days, an average collection period of 38 days, and a payables deferral period of 27 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations.

What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number.

days

If annual sales are $4,124,500 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar.

How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places.

Reference no: EM133344256

Questions Cloud

What is the impact to the entity or society of the case : What is the impact to the entity or society of the case below? Links for the allegation: 'All the Queen's Horses' Follows America's Largest Municipal Fraud

How would i calculate the initial investment : How would I calculate the initial investment for the below question? Your company has the option to buy $30 million in bonds. These bonds are priced

Describe the model of social action community organizing : Does MM exemplify grassroots organizing, coalition building, locality development, or social planning? Describe the model of social action community organizing?

State the disadvantages of such diversification : Explain how each of these activities could be incorporated into the existing structure and State the disadvantages of such diversification

What is the length of the firms cash conversion cycle : What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number. How many times per year does Negus Enterprises turn over

Identify the alternatives that chris can do in situation : Identify the alternatives that Chris can do in this situation and Evaluate the alternatives - Justify the selected alternative based on code of ethics

How large should weis dividend payout ratio be next year : According to the residual distribution model (assuming all payments are in the form of dividends), how large should Wei's dividend payout ratio be next year?

Which of the following is an appropriate response by nursing : The client informs the nurse that pain medications are not an option for messaging pain. Which of the following is an appropriate response by the nurse?

Analyse the common risk strategies that could have : Analyse the common risk strategies that could have been administered by the project manager - We learn that the project in the case study was confronted

User Account

All Pages