Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Greak Corporation had the following data for the most recent year (in millions). The company's new CFO believes (1) that an improved inventory management system could lower the average inventory by $4,000, (2) that improvements in the credit department could reduce receivables by $2,000, and (3) that the purchasing department could negotiate better credit terms and thereby increase accounts payable by $2,000. Furthermore, she thinks that these changes would not affect either sales or the costs of goods sold. If these changes were made, by how many days would the cash conversion cycle be lowered?
Original
Revised
Annual sales: unchanged
$110,000
Cost of goods sold: unchanged
$80,000
Average inventory: lowered by $4,000
$20,000
$16,000
Average receivables: lowered by $2,000
$14,000
Average payables: increased by $2,000
$10,000
$12,000
Days in year
365
Select one:
a. 34.0
b. 37.4
c. 41.2
d. 45.3
e. 49.8
while under a relaxed policy they will be 25% of sales. What is the difference in the projected ROEs between the restricted and relaxed policies?
Suppose you make annual deposits of $ 3,000 in an account that pays annual compound interest of 4.5 % over the investment period. How much will be in the account after the ninth deposit ?
Coca Cola reported 30.99 billion in sales in 2009 and 31.94 in 2008. Operating costs were 8.23 billion in 2009 and 8.45 in 2008. How do I calculate the change in EBIT and the change in sales?
Electrical Services is an electrical contractor that employs 10 electricians. Electrical Services faces numerous loss exposures. One general liability loss exposure arises out of faulty work that an electrician performs in a customer's home, which..
After all of these changes, what will be the difference in the required returns for HRI and LRI? Round your answer to two decimal places.
timothy is a 35 percent partner in the total partnership a calendar-year-end entity. timothy has an outside basis in
On January 4, 2006, Watts Co. purchased 40,000 shares of the common stock of Adams Corporation, paying $800,000. There was no goodwill or other cost allocation associated with investment.
In business the need of loan is always there. You need to purchase land, machinery, construction of the work shed. This type of expenditure requires long term finance.
calculate income from operations and net income selected information taken from the financial statements of fordstar
Selected recent balance sheet and income statement information for The Gap, Inc. follows:
Question: Comparing Financial Ratios--Examine your findings and determine whether your company outperforms its competition based on financial ratios.
Prepare a statement of comprehensive income for 2006. Prepare the Stockholders' Equity section of the balance sheet for December 31, 2006.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd