What will be the firms cash cycle

Assignment Help Financial Management

Reference no: EM131346896

Suppose that Ken-Z Art Gallery has annual sales of $902,000, cost of goods sold of $592,000, average inventories of $178,000, average accounts receivable of $111,000, and an average accounts payable balance of $55,000.

Assuming that all of Ken-Z’s sales are on credit, what will be the firm’s cash cycle? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Cash cycle days

Reference no: EM131346896

Questions Cloud

Investor presentation support : You are put in charge of a presentation to provide a potential investor (me) with information on your company. Help me to understand the important information behind this company and provide me with the information on my decision making on whether or..

Describe the challenges you have with reading written works : Describe the challenges you have with reading certain types of written works. Explain the primary goals you have when reading textbooks and other academics papers.

How the u.s. quota reimposed in may 2005 affected : Illustrate what happened, and show how the U.S. quota reimposed in May 2005 affected the equilibrium price and quantity in the United States.

Review the case of dennis lynn rader : Review the case of Dennis Lynn Rader, The "BTK" Stranger,and write a 300-500 word essay discussing the case study. Your essay should have an introduction summarizing the criminal and case, a body that discusses the issues surrounding the case (how..

What will be the firms cash cycle : Suppose that Ken-Z Art Gallery has annual sales of $902,000, cost of goods sold of $592,000, average inventories of $178,000, average accounts receivable of $111,000, and an average accounts payable balance of $55,000. Assuming that all of Ken-Z’s sa..

What will be the firm operating cycle : Suppose that Dunn Industries has annual sales of $4.05 million, cost of goods sold of $1,590,000, average inventories of $1,056,000, and average accounts receivable of $690,000. Assume that all of Dunn’s sales are on credit. What will be the firm’s o..

How will effective communication help students : Why is it important to communicate effectively with others? How will effective communication help students in their academic career? Give examples.

Describe the psychological theory : Your supervisor, Sarah Harris, is a new probation officer who has been on the job for only a few months and is still learning the job herself. You are asked to prepare a memo to Sarah Harris listing the five types of helping professionals that she..

How much net working capital does the firm need to fund : Dandee Lions, Inc., has a cash balance of $113,000, accounts payable of $228,000, inventory of $211,000, accounts receivable of $327,000, notes payable of $73,000, and accrued wages and taxes of $79,000. How much net working capital does the firm nee..

User Account

All Pages