What the firm''s cash conversion cycle

Assignment Help Finance Basics
Reference no: EM13712152

Assume that a firm has a payables deferral period of 40 days, an inventory conversion period of 62 days, and an average collection period of 29 days.
What's the firm's cash conversion cycle?
Assume that all of the firm's sales are on credit. If the firm has annual sales of $4million, what's the accounts receivable investment?

Reference no: EM13712152

Questions Cloud

What is the acceleration of the rocket : A 2900-kg test rocket is launched vertically from the launch pad. Its fuel (of negligible mass) provides a thrust force so that its vertical velocity as a function of time is given by v(t)=At+Bt2.
What is the speed v of the ball : How much time does the ball spend in the air. What is the speed v of the ball just before it strikes the water.
Distance between the end of the rifle and the bull''s-eye : A horizontal rifle is fired at a bull's-eye. The muzzle speed of the bullet is 690 m/s. The gun is pointed directly at the center of the bull's-eye, but the bullet strikes the target 0.028 m below the center.
What is the amplitude : A resistor with resistance R and a capacitor with capacitance C are connected in series to an AC voltage source. The time-dependent voltage across the capacitor is given by VC(t)=VC0sin wt.
What the firm''s cash conversion cycle : Assume that a firm has a payables deferral period of 40 days, an inventory conversion period of 62 days, and an average collection period of 29 days.What's the firm's cash conversion cycle?
Find the airplanes acceleration : An airplane flies eastward and always accelerates at a constant rate. At one position along its path it has a velocity of 26.5 m/s, it then flies a further distance of 40500 m and afterwards its velocity is 46.3 m/s.
Draw the direction of force vector at point p : A charge Q1,Q2,Q3 AND Q4 make up the corner of rectangle. Point P is in the center of the rectangle. Charges Q1and Q2 are both positive 2 micro C.
What is earth''s acceleration : earth's speed in its orbit about the sun is about 30 km/s. What is earth's acceleration?
Determine the mechanical efficiency of the pump : A water pump delivers 6hp of shaft power when operating. If the pressure differential between the outlet and the inlet of the pump is measured to be 1.2 psi when the flow rate is 15ft3/s

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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