What will length of the cash cycle be after these changes

Assignment Help Financial Accounting
Reference no: EM132468264

Question - Dopefiend's Diner currently has an operating cycle of 37 days, and a 25-day cash cycle. Assume the firm changes its operations such that it decreases its average collection period by 3 days, increases its days sales in inventory by 5 days, and increases its average payment period by 2 days. What will the length of the cash cycle be after these changes?

Reference no: EM132468264

Questions Cloud

What is the NPV of the project : The managers of Poncho Parts, Inc. plan to manufacture engine blocks for classic cars from the 1960's era. What is the NPV of the project
Describes the reason that auditors concern : Describes the reason that auditors are concerned with the detection of related party transactions?The substance of related party transactions will differ
Effect of cultural values on marketing plan : What about the effect of cultural values on your marketing plan (such as the importance of nutrition and exercise or increased interest in earth-friendly
Find products or services that are alternative extension : How to find 10 products or services that are alternative extension options. Include some that would be a stretch.
What will length of the cash cycle be after these changes : Dopefiend's Diner currently has an operating cycle of 37 days, and a 25-day cash cycle. What will the length of the cash cycle be after these changes
Managed care business in terms of economic value : In what ways might the administrator evaluate this new managed care business in terms of its economic value to his institution?
What are the financial statement disclosures : Determine What are the financial statement disclosures? Why is it important to disclose information in the financial statements?
What is the common size value for earnings before taxes : A depreciation expense of $550, EBIT of $723, and an interest expense of $302. What is the common size value for earnings before taxes
Discuss the feasibility of the types of survey mode : Discuss the feasibility of each of the types of survey mode for each of the following cases:

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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