What is the firm cash conversion cycle

Assignment Help Finance Basics
Reference no: EM131930481

Question: ABC has 37 million of accounts receivable, 30 million of inventory and 64 million of accounts payable. Its average daily sales are 955,000 and its gross profit margin is 30 percent. What is the firm's cash conversion cycle? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131930481

Questions Cloud

Calculate the payback period in given problem : ABB sells a palletizing robot system, which includes the robots, conveyors, guarding, shrink-wrapper, end-of-arm tooling, programming, and training.
Opportunity to be awarded the contract : What if you knew that by not paying, you would not be able to complete the $100 billion contract and your company will loose the opportunity
What was the most surprising fact or issue in the film : Were the issues presented in a biased or unbiased manner? Was it well presented or too reactionary? What was the most surprising fact/issue in the film?
The controversy between the british and greek governments : Discover that ancient history can sometimes be very contemporary, reminding us that the past is always present with us.
What is the firm cash conversion cycle : ABC has 37 million of accounts receivable, 30 million of inventory and 64 million of accounts payable. Its average daily sales are 955,000.
Conduct a needs assessment on current organization : Conduct a needs assessment on your current organization or a familiar organization. Evaluate the cross-functionality of departments to identify gaps
Evaluate what profit margin must the firm achieve : Abacus Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.5 and a dividend payout ratio of 30 percent.
What is the essence of their ideas according to aticle : Summarize the current new article that relate to business innovation,article- Humans Couldn't Keep Up with This Burger-Flipping Robot.
How many years is it until the bond matures : A 9.00 percent annual coupon bond has a face value of $1,000, a market price of $923.14, and a yield-to-maturity of 10.00 percent.

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