+1-415-670-9189
info@expertsmind.com
What is the length of its cash cycle
Course:- Financial Management
Reference No.:- EM13942918




Assignment Help
Assignment Help >> Financial Management

Inmoo Company’s average age of accounts receivable is 38 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash (conversion) cycle?

1. 80 days

2. 67 days

3. 55 days

4. 64 days

5. 76 days




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Financial Management) Materials
A group of private investors purchased a condominium complex for $5 million. They made an initial down payment of 10% and obtained financing for the balance. If the loan is to
List and briefly describe the different types of stock mutual funds.- Why do investors invest in index funds? Discuss the popularity of index fund investment as it relates to
When the assumptions of Modigliani and Miller’s Irrelevance Hypothesis regarding corporate capital structure are relaxed so that they are more consistent with real-world condi
WACC and NPV Och, Inc., is considering a project that will result in initial aftertax cash savings of $1.70 million at the end of the first year, and these savings will grow a
Discuss systematic and unsystematic risk, which can be diversified and why? Also discuss some measures of systematic risk and how they can be used to maximize returns and mini
Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 –$ 38,900,000 1 62,900,000 2 – 11,900,000 a-1 What is t
You are 30 years old today. You want to retire at age 60. You want to have 2,700,000 at retirement. Realistically, you know that the most that you can save from you 31st birth
National Business Machine Co. (NBM) has $3 million of extra cash after taxes have been paid. NBM has two choices to make use of this cash. One alternative is to invest the cas