Cash convesion cycle for diciolla company

Assignment Help Managerial Accounting
Reference no: EM1348583

The DiCiolla Co has sales of $12 million, CGS of $9 MM, and has $2.5 MM of inventory. Receivables are $750,000, payables are $666,667 and the company pays its payables in 30 days. What is the cash conversion cycle?

Reference no: EM1348583

Questions Cloud

Prepare a gross margin income statement : Gross Margin and Contribution Margin Income Statements Tosca Beverages reports the following information for July:
Flexibility to change budgeted costs : We want a flexible budget because costs are difficult to predict. We need the flexibility to change budgeted costs as input prices change.' Does a flexible budget serve this purpose? Explain.
Ethics and minors : Maria is a 32 year old, Latina woman. Her child, Rosalinda, age 6, was referred to counseling after having been exposed to domestic violence (Maria reports having been the victim) in the home.
Explaining pretty good privacy and s-mime : It is essential to encrypt it, by using solutions like PGP (Pretty Good Privacy), S/MIME (Secure Multi-Purpose Internet Message Exchange), and steganography. Research these different mechanisms.
Cash convesion cycle for diciolla company : The DiCiolla Co has sales of $12 million, CGS of $9 MM, and has $2.5 MM of inventory. Receivables are $750,000, payables are $666,667 and the company pays its payables in 30 days.
Increase or decrease marketing spending : Executive Summary: Introduce the current status of your company a brief overview of your company's status. Include the good and the bad.
Reducing biases in the diagnosis : how the client's cultural identity in the case below could have contributed toward personal biases and diagnosis and how a clinician might mitigate, or reduce, the appearance of personal biases in diagnosis.
Midlands design ltd-residual income : Midlands Design Ltd. of Manchester, England, is a company specializing in providing design services to residential developers. Compute the company's residual income for the year. (Omit the "£" sign in your response.)
Explain presidential election outcomes related to economy : Explain how are presidential election outcomes related to the performance of the economy. What are the major factors that have affected U.S. household consumption since the recession in 2001.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determining cost volume profit analysis

Factors which must be taken in account when making decisions regarding price, such as any change in risk involved in cost-volume-profit structure; the link between short- and long-run prices

  Computing budgeted cost of basketballs

Stang Sports Equipment Company made 40,000 basketballs in a given year. Its manufacturing costs were $288,000 variable and $95,000 fixed. Suppose that no price changes will take place in the following year and that no changes in production techniq..

  Accounting-management control systems

Jack's Outdoor World is the company which manufactures and sells garden furniture. They've been operating for past ten years and have the comfortable share of market.

  Clarification of cvp analysis

Find out  the value for the manager in conducting a cost-volume-profit analysis.

  Knowledge about cvp analysis

CP has decided to introduce the new product which can be manufactured by either a computer assisted manufacturing system or labor intensive production system. The manufacturing technique will not affect the quality of product. The estimated manufa..

  Minimum amount of revenue

Estilo Company has 3 operating segments with following information: What is the minimum amount of revenue that each of these segments must generate to be considered separately reportable?

  Schedule of expected collections-matierals payments

Prepare schedules for (1) expected collections from customers and (2) expected payments for direct materials purchases. Prepare a cash budget for January and February in columnar form.

  Sensitivity analysis with profit target

Compute the number of gizmos needed to break even under present price and cost conditions. Compute how many units would have to be sold to meet the profit target for each of suggested options

  Capital investment decisions

Give some examples of the types of nonfinancial factors that managers would consider more important in today's capital investment decisions than they were in the past.

  Prepare cost of goods manufactured and sold schedules

Prepare a schedule of cost of goods manufactured for the month. Prepare a schedule of cost of goods sold for the month.

  Reject opportunity-cost drivers-opportunity costs

Explain two long-run effects which might lead to managers' rejecting opportunities to cut prices and obtain increases in short-run profits.

  Job order costing systems

The law firm of Tilton and Henderson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during June:

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