What is the length of the cash conversion cycle

Assignment Help Business Management
Reference no: EM132406591

CASH CONVERSION CYCLE

Zane Corporation has an inventory conversion period of 40 days, an average collection period of 31 days, and a payables deferral period of 32 days. Assume 365 days in year for your calculations.

1.) What is the length of the cash conversion cycle? Round your answer to two decimal places.

2.) If Zane's annual sales are $2,555,735 and all sales are on credit, what is the investment in accounts receivable? Round your answer to the nearest cent. Do not round intermediate calculations.

3.) How many times per year does Zane turn over its inventory? Assume that the cost of goods sold is 75% of sales. Use sales in the numerator to calculate the turnover ratio. Round your answer to two decimal places. Do not round intermediate calculations.

Reference no: EM132406591

Questions Cloud

How is your organization helping to facilitate relationships : Do you think ineffective communication between nurses and physicians adds to the risk? How is your organization helping to facilitate these relationships?
Select relevant and topical leadership issue : Select relevant and topical leadership issue from current news media that revolves around ethics and ethical decision making.
Monique has just won the cagayan de oro lottery : Monique has just won the Cagayan de Oro lottery and has 3 award options to choose from. She can elect to receive a lump sum payment today of P61 million
What is the approximate yield to maturity on bond 2 : Harold Reese must choose between two bonds: Bond X pays $92 annual interest and has a market value of $890. It has 10 years to maturity.
What is the length of the cash conversion cycle : What is the length of the cash conversion cycle? Round your answer to two decimal places.
What you see is missing from each report : Examine how nurses in Florida and other nursing organizations might improve policies that impact diversity in nursing? Review the American Association.
Serve as leaders without officially holding leadership title : Individuals can serve as leaders without officially holding a leadership title. Share an example of a time when you inspired change among your peers
What is the current value of the forward contract : What current positions (t = 0) in the stock and risk-free investment will replicate the payoff of the long forward contract for any F0,T ?
Impact to the bank balance sheet : Given that it holds $20 million of reserves, the bank has excess reserves of $10 million. If a deposit outflow of $10 million occurs

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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