172,500 by 70% to derive at cash received when the question stated that the stand-alone selling price of the product was 186,300. Please clarify. Thanks
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I am confused why we are multiplying 172,500 by 70% to derive at cash received when the question stated that the stand-alone selling price of the product was 186,300. Please clarify. Thanks
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- Provided the following information: Sales =$1,440,000, Cost of Goods Sold= $1,100,000, Inventory=$200,000, Receivables=$160,000, Payables=S100,000 and there are 365 days in a year. What is the cash conversion cycle for the firm? a. 113.55 Days b. 77.05 Days c. 150.05 Days d. 73 Days e. None of the aboveHeritage Farms has sales of $1.62 million with costs of goods sold equal to 78 percent of sales. The average inventory is $369,000, accounts payable average $438,000, and receivables average $147,000. How long is the cash conversion cycle?Hailey, Inc., has sales of $24200, costs of $8800, depreciation expense of $2600, and interest expense of $1800. Assume the tax rate is 36 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
- Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of $1,850. The tax rate is 21 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)BMC Co. has an average A/R balance of P1,250,000, average inventory balance of P1,750,000, and average accounts payable balance of P800,000. Its annual sales are P12,000,000 and its cost of goods sold represents 80% of annual sales. Assume there are 365 days in a year. What is BMC Co.’s cash conversion cycle? A. 53.23 days B. 60.83 days C. 72.28 days D. 84.15 days E. 100.55 daysCCC Corp. has annual turnovers of inventory, receivables, and payables of 12, 18, 8 respectively. Industry average for average ages are 35 days, 25 days, and 40 days for inventories, receivables and payables? What is the difference of the cash conversion cycle of CCC compared to the industry? Use 360 days. Type dash before the number if unfavorable.
- Groff Incorporated, has sales of $51,500, costs of $23,600, depreciation expense of $2,400, and interest expense of $2,150. If the tax rate is 21 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000, the cost of sales this year is P300,000, and the cost of sales this year at last year's price is P260,000. How much is the gross profit variation due to sales price factor? Kindly show the solution.Your pro forma income statement shows sales of $982,000, cost of goods sold as $482,000, depreciation expense of $104,000, and taxes of $99,000 due to a tax rate of 25%. What are your pro forma earnings? What is your pro forma free cash flow? The pro forma free cash will be $___? (round to the nearest dollar)
- CCC Corp. has annual turnovers of inventory, receivables, and payables of 12,18, 8 respectively. Industry average for average ages are 35 days, 25 days, and 40 days for inventories, receivables and payables? What is the difference of the cash conversion cycle of CCC compared to the industry? Use 360 days.Mac, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the tax rate is 23 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)Graff, Incorporated, has sales of $51,500, costs of $23,600, depreciation expense of $2,400, and interest expense of $2,150. If the tax rate is 21 percent, what is the operating cash flow, or OF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)