User Account

All Pages

Find what is the length of the firms cash conversion cycle

Assignment Help Financial Accounting
Reference no: EM132494701

Negus Enterprises has an inventory conversion period of 50 days, an average collection period of 35 days, and a payables deferral period of 25 days. Assume that cost of goods sold is 80% of sales.

Question a. What is the length of the firm's cash conversion cycle?

Question b. If annual sales are$4,380,000 and all sales are on credit, what is the firm's investment in accounts receivable?

Question c. How many times per year does Negus Enterprises turn over its inventory?

Reference no: EM132494701

Questions Cloud

Demonstrate wal-marts wacc and capital structure : Demonstrate Wal-Mart's WACC & Capital Structure (show the calculations). Then write 1-2 paragraphs about factors that would affect the capital structure.
Prepare a cash budget for december and january : What would the company's loan requirements be at the end of December in this case? (Hint: The calculations required to answer this part are minimal.)
What is the company corporate strategy : From the annual reports you previewed, what is the company's corporate strategy? What are their company goals and were they successful in achieving those goals?
Difference between the stock price and the exercise price : Assuming a stock price of $10, give an example of an "in the money" call option. Assuming the option has one month before expiry, indicate if the option price
Find what is the length of the firms cash conversion cycle : If annual sales are$4,380,000 and all sales are on credit, what is the firm's investment in accounts receivable? What is the length of the firm cash conversion
Why would a company seek to make an investment : Describe the relationship between a company's working capital management and its profitability? How and why would a company seek to make an investment? Explain.
What changes in the macroeconomic environment are discussed : What changes in the macroeconomic environment that impact the wood products industry are discussed in the excerpt? What facts in the excerpt indicate that the.
What is the average amount of receivables : What would happen to average receivables if Snider toughened its collection policy with the result that all nondiscount customers paid on the 45th day?
Analyze the probability that a recession will occur : Explain how an economist could use the slope of the yield curve to analyze the probability that a recession will occur and why the spread may matter?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd