What is their operating cycle and cash conversion cycle

Assignment Help Financial Management
Reference no: EM13767797

Camp Manufacturing currently has average inventories of 90 days and accounts receivable are typically collected in 60 days. Camp’s payables are paid 30 days after the invoice is received. The company has sales of $30,000,000. Using a 365 day year,

What is their operating cycle?

What is their cash conversion cycle?

Reference no: EM13767797

Questions Cloud

Breakeven point for number of luxury boxes in new stadium : Preliminary plans are underway for construction of a new stadium for a major league baseball team. City officials question the number and profitability of the luxury corporate boxes planned for the upper deck of the stadium. What is the breakeven poi..
Decrease the after-tax of debt for a firm : All else constant, which of the following will decrease the after-tax of debt for a firm?
What is the average level of inventory : Joanie Fabrics makes custom purses and uses 800 yards of fabric per year. The fabric used for the purses has a fixed cost of $50 per order, a carrying cost of $2 per yard per year. When they place an order, it takes 5 days before the shipment is rece..
Identify the stakeholders possible interest in statistics : Once you have gathered the statistics, identify the stakeholders, possible interest in statistics and at least three key decisions they must make from the data. Defend your position with a rational explanation
What is their operating cycle and cash conversion cycle : Camp Manufacturing currently has average inventories of 90 days and accounts receivable are typically collected in 60 days. Camp’s payables are paid 30 days after the invoice is received. The company has sales of $30,000,000. Using a 365 day year, Wh..
Write a paper on staffing plan for a growing business : Write a paper on Staffing Plan for a Growing Business. You are a former certified education administrator who departed your former position to become the owner of a small business.
Value of a firm is independent of its capital structure : Which of the following argued that the value of a firm is independent of its capital structure?
Morning sickness disease issues : Which of the following is the best example of why it is difficult to break the cycle of poverty?
Personal loans : Maria is trying to decide whether she should consolidate her 3 personal loans into one loan. The credit union is currently offering her 7% for a consolidation loan. The three she currently has have three different rates. Her loan with M&T is at 6% an..

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate the portfolios new beta

Calculate the portfolio’s new beta given the following information. Currently, you hold a fairly diversified portfolio of 50 stocks, each investment is $6,000. The portfolio’s beta is 1.3. After hearing some troubling news concerning one of your secu..

  What is the current bond price

Lycan, Inc., has 6 percent coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 8 percent, what is the current bond price?

  Common concern in producing accurate research results

Bias (or systematic error) is a common concern in producing accurate research results. What can the researcher to do to solve this problem? A: Interpret results along with bias B: strive to minimize or eliminate bias C: Ignore the Bias D: Pursue samp..

  Due to technological improvements

Your company has been approached to bid on a contract to sell 5,200 voice recognition (VR) computer keyboards a year for four years. Due to technological improvements, beyond that time they will be outdated and no sales will be possible.

  What is the probability that the colors match

Abe holds 1 green and 1 red jelly bean in his hand. Bea holds 1 green, 1 yellow, and 2 red jelly beans in her hand. Each randomly picks a jelly bean to show the other. What is the probability that the colors match?

  Grow by maintaining a constant mix of debt and equity

The estimate of how quickly a firm may grow by maintaining a constant mix of debt and equity is called:

  What is the discount yield and bond equivalent yield

What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 97 3/8 percent of its face value and is 80 days from maturity? (Use 360 days for discount yield and 365 days in a year for b..

  Define moderately strenuous job responsibilities

If I purchase a policy that pays a fixed benefit of 90% of my current salary, how long will it be before this amount covers only 70% of my future salary if I assume salary increases of 4% per year?

  Find the weighted average cost of capital for a firm

Find the weighted average cost of capital for a firm whose tax rate is 35%. Debt: 8,500 7.2% coupon bonds outstanding, $1000 par value, 25 years to maturity, selling for 118% pf par; the bonds make semi-annual payments.

  What is the stock price per share

FFDP Corp. has yearly sales of $28 million and costs of $12 million. The company’s balance sheet shows debt of $54 million and cash of $18 million. There are 950,000 shares outstanding and the industry EV/EBITDA multiple is 7.5. What is the stock pri..

  Overall monetary gain or loss for this investment

One day (i.e. Day 0), you opened a long position on a current month stock futures contract on Stock Y at a settlement price of $35.50. The contract multiplier was 1,000. The initial margin and the maintenance margin for the contract were $6,400 and $..

  What is the value of this abandonment option

Carlson Inc. is evaluating a project in India that would require a $6.2 million investment today (t = 0). The after-tax cash flows would depend on whether India imposes a new property tax. There is a 50-50 chance that the tax will pass, in which case..

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