22. What is their Cash Conversion Cycle if their Operating Cycle is 135 days? A. 104 days B. 105 days C. 106 days D. 107 days _____23. What is the Average Inventory of Good Food Snack House? A. Php 1,067,570 B. Php 1,607,057 C. Php 1,765,070 D. Php 5,017,657
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Refer to the following data of Good Food Snack House (in the photo)
_____22. What is their Cash Conversion Cycle if their Operating Cycle is 135 days?
A. 104 days B. 105 days C. 106 days D. 107 days
_____23. What is the Average Inventory of Good Food Snack House?
A. Php 1,067,570 B. Php 1,607,057 C. Php 1,765,070 D. Php 5,017,657
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