What will be the firm operating cycle

Assignment Help Financial Management

Reference no: EM131346487

Suppose that Tucker Industries has annual sales of $5.30 million, cost of goods sold of $2.81 million, average inventories of $1,140,000, and average accounts receivable of $530,000. Assuming that all of Tucker's sales are on credit, what will be the firm's operating cycle? (Round your answer to 2 decimal places.) 111.58 36.50 148.08 184.58

Reference no: EM131346487

Questions Cloud

What will be the standard deviation in EPS : Your company doesn't face any taxes and has $750 million in assets, currently financed entirely with equity. Equity is worth $50.00 per share, and book value of equity is equal to market value of equity. The firm is considering switching to a 30-perc..

Forecast of the firm additional funds needed : A firm is planning for the next year and wants you to provide a forecast of the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the Additi..

Sales using regression to estimate a trend : Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using regression to estimate a trend?

About the default risk premium : A company's 5-year bonds are yielding 10% per year. Treasury bonds with the same maturity are yielding 6.1% per year, and the real risk-free rate (r*) is 2.1%. The average inflation premium is 3.6%, and the maturity risk premium is estimated to be 0...

What will be the firm operating cycle : Suppose that Tucker Industries has annual sales of $5.30 million, cost of goods sold of $2.81 million, average inventories of $1,140,000, and average accounts receivable of $530,000. Assuming that all of Tucker's sales are on credit, what will be the..

How many years will it take to reach your goal : You have $20,710.51 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $280,000. You expect to earn 14% annually on the account. How many years will it take to reach your goa..

Find future values of ordinary annuities : Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.

Used as the initial cash flow for this project : Base Builders, Inc. purchased a lot in Phoenix 10 years ago at a cost of $380,000. Today, that lot has a market value of $350,000. At the time of the purchase, the company spent $15,000 to level the lot and another $20,000 to install storm drains. Th..

Shares of preferred stock outstanding : Bill's Boards has 20.3 million shares of common stock outstanding, 4.3 million shares of preferred stock outstanding, and 23.00 thousand bonds. If the common shares are selling for $30.30 per share, the preferred share are selling for $17.30 per shar..

User Account

All Pages