Reference no: EM132956117

Question -

GoCo has a receivables period of 14.8 days, a payables turnover rate of 11.4 and an inventory turnover rate of 16.6. What is the length of the firm's operating cycle?

Metal Products Co. has an inventory turnover of 9.1 and an accounts payable turnover of 11.0. The accounts receivable turnover ratio is 13.8 times. What is the length of the cash cycle?

A firm has an average collection period of 35 days and factors all of its receivables immediately at a discount of 2.02 percent. Assume all accounts are collected in full. What is the firm's effective cost of borrowing?

Brannick Corp. writes three checks a day for an average amount of $16,410 each. These checks generally clear the bank 3.5 days after they are written. In addition, the firm generally receives and deposits checks amounting to $21,618 each day. All deposits are available in 2 days. What is the firm's net float?

HardStone Distributors sells 1,030 kegs a year at an average price per keg of $549. The carrying cost per unit is $69.00. The company orders kegs from the brewer multiple times per year and has a fixed order cost of $31.60 per order. The kegs are sold out before they are restocked. What is the economic order quantity?