What will be the firm cash cycle

Assignment Help Finance Basics
Reference no: EM131793401

Question: Suppose that Ken-Z Art Gallery has annual sales of $898,000, cost of goods sold of $588,000, average inventories of $174,000, average accounts receivable of $107,000, and an average accounts payable balance of $53,000.

Assuming that all of Ken-Z's sales are on credit, what will be the firm's cash cycle?

Reference no: EM131793401

Questions Cloud

What would be the beta of the new portfolio : Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.41.
Describe your business overarching purpose and values : Describe your business' overarching purpose and values. How will you assure that your vision statement communicates and operationalizes the purpose of company.
Discuss how might this have affected income and cash flows : How might this have affected income and cash flows in future years. How does this compare with the effects of the impairments recognized
How many units are in ending work in process : If beginning work in process was 6,000 units, how many units are in ending work in process?
What will be the firm cash cycle : Suppose that Ken-Z Art Gallery has annual sales of $898,000, cost of goods sold of $588,000, average inventories of $174,000.
How do you match up with what employers say they need : Briefly summarize what employers are asking for in terms of experience, education and other qualifications.
Is it the job of corporations to be socially responsible : Is it the job of corporations to be socially responsible , or, does the social responsibility of a company consist of maximizing shareowner wealth ?
Prepare the july income statement for wrekin ronnie : Prepare the July income statement for Wrekin Ronnie. Assume that Wrekin Ronnie uses the perpetual inventory method
Function to find correct critical value for given a-level : The local supermarket buys lettuce each day to ensure really fresh produce. function to find the correct critical value for the given a-level.

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