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!
Cash conversion cycle American Products is concerned about managing cash efficiently. On the average, inventories have an age of 90 days, and accounts receivable are collected in 60 days. Accounts payable are paid approximately 30 days after they arise. The firm has annual sales of about $30 million. Assume there is no difference in the investment per dollar of sales in inventory, receivables, and payables; and, a 365-day year.
a. Calculate the firm's operating cycle.
b. Calculate the firm's cash conversion cycle.
c. Calculate the amount of resources needed to support the firm's cash conversion cycle.
d. Discuss how management might be able to reduce the cash conversion cycle (be brief).
Use the following spot and forward bid-ask rates for the JPY/USD exchange rate to answer the following questions.
How is financial leverage created? Describe how the degree of financial leverage is calculated.
Sell the welding machine for $200,000 and close the tricycle business; or Sell the tricycle business for an after-tax price of five times the 2007 after-tax profit
Consolidated Balance Sheet at Acquisition Date and Consolidated Financial Statements Subsequent to Acquisition
Find the interest paid on a loan of $ 3158 at 8% annual simple interest for 2.5 years.
When evaluating the accuracy of regression analysis using r2, determine which of the following represents the highest accuracy (coefficient of determination):
You have always dreamed of taking a trip to Machu Pichu. What lump sum do you have to invest today to have the $12,000 needed for the trip in 3 years? Suppose that you can spend the money at 10%.
You want to buy a new sports coupe for $75,400, and the finance office at the dealership has quoted you a loan with an APR of 7.8 percent for 60 months to buy the car.
Compute the future value of $1,000 in ten years assuming an interest rate of 12% compounded quarterly.
On January 1, 2006, Miller Corporation borrowed cash from First City bank by issuing a $60,000 face value, three-year installment note that had a 7% yearly interest rate.
Select any publicly traded company that their financials are published on the SEC website. For the purpose of this assignment we have selected Kirkland's Corporation Kirkland is specialty retailer of home decor in the US,
What do you believe is the suitable rate other than 8.00% to utilize as the discount rate for these computations.
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