Pls answer number 22 to number 26 with solutions 22. The company has P5,000,000 n in inventory and P2,000,000 in accounts receivable. Its averagedaily sales are P100,000. The company's payables deferral period (accounts payable divided by dailypurchases) is 30 days. What is the length of the company's cash conversion cycle?A. 100 daysB. 60 daysC. 50 daysD. 40 days23. A company annually consumes 10,000 units of Part X. The carrying cost of this part is P2 peryear and the ordering costs are P100. The company uses an order quantity of 500 units. If thecompany operates 200 days per year, and the lead time for ordering Part X is 5 days, what is theorder point?A. 250 unitsB. 1,000 unitsC. 500 unitsD. 2,000 units24 – 25. The Corporation operates its factory 300 days per year. Its annual consumption of MaterialA is 1,200,000 gallons. It carries a 10,000-gallon safety stock of Material A and its lead time is 12business days.24. What is the order point for Material A?A. 10,000 gallonsB. 38,000 gallonsC. 48,000 gallonsD. 58,000 gallons25. If the EOQ for Material A is 30,000 gallons, and the carrying cost per gallon per year is PO.25,what is the total annual carrying cost for Material A?А. Р3,750В. Р7,500С. Р6,250D. P10,000ABAY26. The Corporation consumes 1,200,000 gallons of Material Y per year. Its order quantity is30,000 gallons. It maintains a safety stock of 10,000 gallons and its annual carrying costs are PO.25per gallon per year. If the ordering cost is P20 per order, what are the total annual ordering costs?А. Рб00В. Р800С. Р8,300D. P1,200

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22. The company has P5,000,000 n in inventory and P2,000,000 in accounts receivable. Its average daily sales are P100,000. The company's payables deferral period (accounts payable divided by daily purchases) is 30 days. What is the length of the company's cash conversion cycle? A. 100 days B. 60 days C. 50 days D. 40 days

22. The company has P5,000,000 n in inventory and P2,000,000 in accounts receivable. Its average daily sales are P100,000. The company's payables deferral period (accounts payable divided by daily purchases) is 30 days. What is the length of the company's cash conversion cycle? A. 100 days B. 60 days C. 50 days D. 40 days

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 3P

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Pls answer the number 22 to number 26. Thank you
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