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 above

Q: Direct Furnishings Inc. has the following data:Annual sales                      $10,000,000Cost of…

A: INFORMATION:  Annual sales               =         10,000,000Cost of goods sold    =…

Q: Shulman Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash…

A: Assume 365 Days in Year Annual sales = $45,000 Annual cost of goods sold =   $30,000 Inventory =…

Q: A company is planning to expand its business is costing OMR 18656. The following cash inflows are…

A: Profitability index: The Profitability index of a project can be described as a ranking tool for…

Q: The following projected 2022 figures were provided to you by the Marikit Company for analysis : (80%…

A: Average collection period shows the number of days required to collect the account receivable.…

Q: CCC Corp. has annual turnovers of inventory, receivables, and payables of 12,18, 8 respectively.…

A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…

Q: [EXCEL] Payback: Quebec, Inc., is purchasing machinery at a cost of $3,768,966. The company's…

A: year Quebec, Inc cash flows Cumulative cash flows 0 -3768966 -3768966 1 979225 -2789741 2…

Q: The following financial information relates to XYZ Company: Inventory turnover: 5 times Accounts…

A: Operating cycle measures the time taken by a company to convert its inventory into cash. Operating…

Q: Your company collected $304.00 million and spent $377.00 million this month. If previous month's…

A: The cash balance at the end of the month is a function of collections and disbursements made during…

Q: .You have recently been hired to improve the performance of MJ Cor., which has been experiencing a…

A: The company has given information to improve the performance of the company. Required  Calculate the…

Q: What is the inventory period for a firm with an annual cost of goods sold of P5 million, P1.2…

A: The inventory turnover ratio is a financial ratio that defines the number of times within which…

Q: what it the firm’s cash conversion cycle?

A: Cash Conversion Cycle: It is a metric used in finance that indicates the time it takes for a firm…

Q: Aztec Products wishes to evaluate its cash conversion cycle (CCC). Research by one of the firm’s…

A: Cash conversion cycle represents a company's ability to convert its final product , from paying…

Q: A manufacturer projects the cash flows shown below.  Determine the rate of return if the cash flows…

A: Rate of return at which the Present value of future cash flows is 0.

Q: he Brenmar Sales Company had a gross profit margin​ (gross profits÷​sales) of 34 percent and sales…

A: GIVEN, gross profit margin =34% sales = $8.3 million  credit sale = 79% of sales cash sales = (100…

Q: Libscomb Technologies' annual sales are $6,615,140 and all sales are made on credit, it purchases…

A: The question is based on the concept of financial ratios

Q: BMC Co. has an average A/R balance of P1,250,000, average inventory balance of P1,750,000, and…

A: Cash conversion cycle helps in measuring how long a company will be deprived of cash if in order to…

Q: The cash flow for a company for their investment account is shown in the table below: Cash Year Cash…

A: Here, Q = $2,000 If we put Q=2,000, the calculation of Inflows is as follows:

Q: A company is planning to expand its business is costing OMR 21078. The following cash inflows are…

A: Profitability index is computed to determine the ability of the company to generate profit from the…

Q: Fires Inc. has a cash conversion cycle of 3 weeks. It has a receivable turnover of 45 and disburse…

A: Return on assets indicates the firm's profitability on total assets. It can be calculated by…

Q: The following formula is used in determining its optimal level of cash. Assume that the fixed cost…

A: solution given the fixed cost of a transaction (b)        =P10 total cash needed for the time (T)…

Q: XYZ Industries had sales of $985 million and a cost of goods spold of $560 million in 2019, A…

A: Given: in $ millions Sales 985 COGS 560 Accounts Receivable 85 Inventory 90 Accounts…

Q: Kindly answer all the questions and use 360 days in a year in all problems. Thank you. 1. The…

A: “Since you have posted a multiple question, we will solve first question for you. To get the…

Q: 2. In the working capital management, we know about cash conversion cycle model. For problem if…

A: Cash conversion cycle (CCC) is measures the time (in days) taken by a company to convert its…

Q: CASH MANAGEMENT 1. Raviolli Enterprise has an average age of accounts receivable is 45 days. The…

A: Since there are multiple questions, we will solve first for you. To get the remaining questions…

Q: Brothers Breads has the following data. What is the firm's cash conversion cycle? Inventory…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: The cash flow for a company for their investment account is shown in the table below: Cash Year Cash…

A: IRR is the rate at which NPV of the project is zero. According to the question given, year cash…

Q: 3. BMC Co. has an average A/R balance of P1,250,000, average inventory balance of P1,750,000, and…

A: Cash conversion cycle :            As the name suggests, this accounting metric tells the users or…

Q: Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950, and interest…

A: Calculation of operating cash flow are as follows:

Q: Tomatsui Company provided the following annual data: Sales P3,500,000 Cost of Sales P2,275,000…

A: Incase of calculation of minimum cash balance there is a simple way to calculate exactly how much…

Q: BMC Co. has an average A/R balance of P1,250,000, average inventory balance of P1,750,000, and…

A: The cash conversion cycle helps to measure the time taken by business to convert its inventory…

Q: ML has the following data. What is the firm's cash conversion cycle? Inventory conversion period =…

A: The cash conversion cycle can be calculated by adding up the inventory conversion period, average…

Q: Ashwell Corp has $1,700,000 of sales, $250,000 of inventories, $175,000 of receivables, and $125,000…

A:

Q: CCC Corp. has annual turnovers of inventory, receivables, and payables of 12, 18, 8 respectively.…

A: Difference in cash conversion cycle = cash conversion cycle of CCC Corporation - Cash conversion…

Q: You have recently been hired to improve the performance of MJ Cor., which has beeH shortage. As one…

A: The cash conversion cycle has three main components and the relationships are Cash conversion…

Q: A corporation has $344 million in sales,$232 million in COGS, $53 million in inventory, $128 million…

A: Cash conversion cycle = [Average inventoryCost of goods sold  + Average receivablesNet sales-Average…

Q: A company is planning to expand its business is costing OMR 24509. The following cash inflows are…

A: Profitability index is the ratio of present value of cash inflows to present value of cash outflows.

Q: ation of its cash outlay required indicates that it needs P50,000 for the year. The marketable…

A: There are two cost related to cash one is holding cost and other is ordering cost and both…

Q: Hardrock Hardware PLC estimate a cash of $2 500 000 over the next five months. This  amount is…

A: As per the guidelines, the answer to the first four parts is given below. To obtain answers for the…

Q: FMT Trading Inc. has the following financial data: Annual sales 10,000,000 Cost of goods sold…

A: Cash Conversion Cycle - Cash Conversion cycle is calculated by following formula - Average…

Q: Green Corporation anticipates a cash requirement of P1,500 over a 1- month period. It is expected…

A: The question is based on the concept of Financial Management.

Q: Question 1 Based on the following information, display the calculation of cash conversion cycles for…

A: The cash conversion cycle indicates the number of days or periods it takes to convert its investment…

Q: 1. Raviolli Enterprise has an average age of accounts receivable is 45 days. The average age of…

A: Formula:                Cash Conversion Cycle (CCC)= DRO+DIO- DPO where, DRO days of Receivables…

Q: The cash flow for a company for their investment account is shown in the table below: Cash Year Cash…

A:

Q: Find the operating cash flow for the year for Harper​ Brothers, Inc. if it had sales revenue of…

A: Operating cash flow = profit after tax /net income + depreciation - taxes

Q: tiplex Corporation, which has been experiencing a severe cash tage. As one part of your analysis,…

A: Cash conversion cycle: It is shows that how much time taken by an Organization to convert the…

Q: Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash…

A: Cash conversion cycle can be calculated by using this equation Cash conversion cycle =Inventory…

Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.