Assume a firm has a cash cycle of 66 days and an operating cycle of 102 days. What is its average payment period?
Q: Need help with this general accounting question
A: Step 1: Define Ending InventoryThe total monetary value of products held by a company at the end of…
Q: What is it's dividend yield on this financial accounting question?
A: Step 1: Define Dividend YieldThe dividend yield is a financial ratio used by investors to evaluate…
Q: Rainbow manufacturing has recieved solve this accounting questions
A: Step 1: Definition of Minimum Price for Special OrderThe minimum price for a special order covers…
Q: Not use ai solution..
A: Given:Return on Assets (ROA): 12%Profit Margin (PM): 5%Return on Equity (ROE): 20% 1. Total Assets…
Q: 5 marks financial accounting
A: Step 1: Total Revenue is the sum of revenues from the tickets of the Matinee show, Evening show, and…
Q: General Account Questions
A: To calculate the value of the stock, we can use the Gordon Growth Model (Dividend Discount Model),…
Q: Hi expert please give me answer general accounting
A: Formula for Net Income:Net Income=Revenues−ExpensesGiven:Original Net Income = $3,900Revenue…
Q: Financial accounting
A: Step 1: Identify the formula: • Ending PBO = Beginning PBO + Service Cost + Interest Cost - Benefits…
Q: Please provide this question solution general accounting
A: Step 1:To calculate the amount of purchases there is need to use the formula of cost of good…
Q: General accounting
A: Step 1: Define Absorption CostingAbsorption costing is one of the costing methods under cost…
Q: Financial accounting
A: Step 1: Define Net IncomeNet income is the amount left over after deducting the cost of goods sold,…
Q: Financial accounting
A: To calculate the average number of days it takes to sell inventory, we need to compute the Inventory…
Q: Don't use ai given answer accounting questions
A: Net income is the profit of a company after subtracting all expenses from its revenues during a…
Q: I need this question answer general Accounting
A: Step 1: Define Return On Equity (ROE)Return On Equity (ROE) is the return or income that a…
Q: Kindly help me Accounting question
A: Step 1: Definition of Cost of Goods Sold (COGS)The cost of goods sold (COGS) includes the costs…
Q: I don't need ai answer general accounting question
A: Step 1: Define Asset Turnover RatioThis ratio measures the efficiency of a company's use of its…
Q: Given answer accounting questions
A: Step 1: Definition of Standard Manufacturing Overhead RateThe standard manufacturing overhead rate…
Q: Provide correct answer general Accounting
A: Step 1: Difference in income Difference = Absorption costing operating income - Variable costing…
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Asset TurnoverAsset turnover measures how efficiently a company uses its…
Q: General Accounting
A: Margin=(Net Operating Income/Sales)∗100 Margin = ($5,900,000/$18,700,000) x 100 = 31.550802139% or…
Q: A company has $300,000 investment solution this accounting questions
A: Step 1: State Formula and Identify Values• Formula: Net Operating Income = Sales × CM Ratio - Fixed…
Q: Kindly help me Accounting question
A: To find the manufacturing overhead incurred by Wilson Manufacturing in September, we can use the…
Q: Question
A: Explanation of Credit Terms (2/10, n/30): Credit terms represent the payment conditions offered to…
Q: Please give me answer general accounting question
A: Step 1: Calculate Degree of Operating Leverage (DOL)• Formula: DOL = Contribution Margin ÷ Net…
Q: Total fixed Costs?
A: Explanation of High-Low Method:The high-low method is a cost estimation technique used to separate…
Q: Kindly help me with this accounting questions
A: Step 1: Definition of High-Low MethodThe high-low method separates fixed and variable costs by…
Q: Give me Answer
A: Explanation of Modified Unit Attribution: Modified unit attribution is an advanced approach to…
Q: Consider the information given solve this general accounting question
A: Step 1: Define Cost of Goods SoldThe cost of goods sold is recorded in the book of accounts using a…
Q: General Accounting question
A: The government's deficit will be the difference between its spending and its tax revenue. In this…
Q: California Industries, Inc. borrowed $300,000 at 12% interest on January 1, 2025, for the…
A: To calculate the weighted average expenditures, we follow these steps: Step 1: Multiply each…
Q: Given answer accounting questions
A: Step 1: Definition of Raw Materials Transferred to Work in Process (WIP)The amount of raw materials…
Q: Don't use ai answer accounting questions
A: Step 1: Definition of Payout Ratio and Return on AssetsPayout Ratio: The payout ratio is a financial…
Q: Hello tutor please provide this question solution general accounting
A: Ending stockholders' equity: Net Income: The company's profit of $275,000 adds to stockholders'…
Q: Aaron's Inc., and Rent A Centre, Inc., are two publicly traded.... Please answer the general…
A: Step 1: Define Profitability RatiosInvestors and analysts use profitability ratios to understand the…
Q: Please Tutor provide answer for this accounting prblm
A: Explanation of Days Sales Outstanding (DSO): Days Sales Outstanding represents the average number of…
Q: General Accounting
A: Step 1: Define Profit Margin RatioThe profit margin ratio is used for analyzing the profitability of…
Q: Tribble company has provided the following data solve this question general Accounting
A: Using the formula for return on total assets to find the net income: Return on total assets = Net…
Q: What is Charlotte's taxable gain on the sale for this general accounting question?
A: Step 1: Define Taxable Gain on Sale of Principal ResidenceTaxable gain on the sale of a principal…
Q: Wilson manufacturing has the following solve this accounting questions
A: Step 1: Definition of Absorption CostingUnder absorption costing, all production costs (both fixed…
Q: Provide correct answer general Accounting
A: Step 1: Define Pension ExpensePension expense is the cost that has been incurred by the company to…
Q: Wilderness Kayak
A: Step 1: Establish Base Rate• Identify the first hour cost as $35• This sets the initial pricing for…
Q: Can you please solve this financial accounting question?
A: Step 1: Define Checking AccountA check account is a bank account that allows the owner to deposit…
Q: Financial accounting
A: Step 1: Define Projected Benefit ObligationThe measurement to predict the future pension liabilities…
Q: Need correct answer for this general account query
A: The Gordon Growth Model, which is frequently used to assess equities with dividends growing at a…
Q: Kindly help me Accounting question
A: Step 1: Definition of Break-Even and Target Profit AnalysisBreak-even and target profit analysis…
Q: What does "2/10" mean, with respect to "credit terms of 2/10, n/30"? OA. Interest of 2 percent will…
A: Step 1:Step 2: Step 3: Step 4:
Q: Hii expert please provide correct answer general Accounting
A: To determine the status of manufacturing overhead at year-end, we need to calculate the applied…
Q: 남주와 여주가 쇼윈도 부부인 드라마를 쓰려고해. 참신하고 독특한 직업으로 시놉시스, 기승전결, 줄거리를 써줘.
A: 질문 해결 접근 방식질문 이해하기: 질문을 꼼꼼히 분석하여 핵심 개념과 요구사항을 파악합니다. 정의가 필요한 용어나 명확히 해야 할 부분에 표시합니다.세부 분해: 질문을 더 작은…
Q: Need help this question general accounting
A: Step 1: Define Manufacturing CostThe manufacturing cost of a product can be defined as all the…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Lockbox System SavingsA lockbox system speeds up the collection of…
Do fast answer of this general accounting question
Step by step
Solved in 2 steps
- Assume a firm has a cash cycle of 38 days and an operating cycle of 63 days. What is its average payment period? Average payment period daysIf the average age of the inventory is 90 days, the average age of accounts payable is 65 days, and the average age of accounts receivable is 60 days, how many days would be the net cash cycle?A firm with a cash conversion cycle of 40 days can stretch its average payment period from 15 days to 20 days. This will result in a/an ... O a. decrease of 20 days in the cash conversion cycle. b. decrease of 5 days in the cash conversion cycle. increase of 5 days in the cash conversion cycle. X Od. increase of 20 days in the cash conversion cycle. C. Which of the following in
- For the Bayer Company, the average age of accounts receivable is 60 days, the average age of accounts payable is 45 days, and the average age of inventory is 72 days. Assuming a 365-day year, what is the length of of the firm's cash conversion cycle?Consider a uniform series of cash flows. The first cash flow of $10,000 occurs at time 10 and the last cash flow in the series occurs at time 20. If the interest rate is 8% per period, what is the present equivalent (time = 0) of the series of cash flows?A firm has an average age of inventory of 100 days, an average collection period of 40 days, and an average payment period of 30 days. The firm's cash conversion cycle is?
- ML has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 50 days Average collection period = 17 days Payables deferral period = 25 days 34 days 46 days 31 days 38 days O 42 daysEdward Lewis is an accounting major at a midwestern state university located approximately 60 miles from a major city. Many of the students attending the university are from the metropolitan area and visit their homes regularly on the weekends. Edward, an entrepreneur at heart, realizes that few good commuting alternatives are available for students doing weekend travel. He believes that a weekend commuting service could be organized and run profitably from several suburban and downtown shopping mall locations. Edward has gathered the following investment information. Five used vans would cost a total of $76,194 to purchase and would have a 3-year useful life with negligible salvage value. Edward plans to use straight-line depreciation. 1. 2. Ten drivers would have to be employed at a total payroll expense of $47,400. Other annual out-of-pocket expenses associated with running the commuter service would include Gasoline $16,100, Maintenance $3,200, Repairs $4,100, Insurance $3,800, and…The expected period of time that will elapse between the date of a capital investment and thecomplete recovery of the amount of cash investedis called: A.The average rate of return period B.The cash payback period C.The net present value period D.The internal rate of return period
- Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 59 days Receivables Collection Period = 19 days Payables Deferral Period = 41 days Please explain process and show calculations.IF DAYS INVENTORY OUTSTANDING IS 30, DAYS SALES OUTSTANDING IS 25, AND DAYS PAYABLE OUTSTANDING IS 20, WHAT IS THE CASH CONVERSION CYCLE?Consider a series of cash flows that starts with $1,000 at the end of time 1 and decreases by $20 each period. The last cash flow in the series occurs at time 15. If the interest rate is 8% per period, what is the present equivalent (time = 0) of the series of cash flows?
