PT. Mangane Kopi Nusantara (PT. MKN) produces green coffee bean. The company has found it increasingly difficult to keep accurate inventory and cash flows. Data: - Sales over last 30 days = $5,560,000,- - Accounts receivable at the end of the month = $587,250,- - Inventory value at the end of the month = $776,000,- - Cost of sales = 60 percent of total sales - Accounts payable at the end of the month = $456,000,- Calculate current cash-to-cash cycle for PT. MKN.
PT. Mangane Kopi Nusantara (PT. MKN) produces green coffee bean. The company has found it increasingly difficult to keep accurate inventory and cash flows. Data: - Sales over last 30 days = $5,560,000,- - Accounts receivable at the end of the month = $587,250,- - Inventory value at the end of the month = $776,000,- - Cost of sales = 60 percent of total sales - Accounts payable at the end of the month = $456,000,- Calculate current cash-to-cash cycle for PT. MKN.
Chapter7: Budgeting
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Problem 14EB: Earthies Shoes has 55% of its sales in cash and the remainder on credit. Of the credit sales, 70% is...
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PT. Mangane Kopi Nusantara (PT. MKN) produces green coffee bean. The company has found it increasingly difficult to keep accurate inventory and
Data:
- Sales over last 30 days = $5,560,000,-
- Accounts receivable at the end of the month = $587,250,-
- Inventory value at the end of the month = $776,000,-
- Cost of sales = 60 percent of total sales
- Accounts payable at the end of the month = $456,000,-
Calculate current cash-to-cash cycle for PT. MKN.
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