CCC Corp. has annual turnovers of inventory, receivables, and payables of 12,18, 8 respectively. Industry average for average ages are 35 days, 25 days, and 40 days for inventories, receivables and payables? What is the difference of the cash conversion cycle of CCC compared to the industry? Use 360 days.

Q: Complete the balance sheet and sales information using the following financial data: Total assets…

A: Lets understand the basics.Financial ratio gets calculated in order to determine financial health of…

Q: Abbot Communications has annual credit sales of $1,800,000 and accounts receivable of $190,000. What…

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

Q: Calculate the sale-to-cash conversion period based on the following information: average inventories…

A: The sales to cash conversion period are based on the average receivable and net credit sales of the…

Q: Need help please provide answer

A: Operating cycle = ((Inventory * 365 days) / Cost of goods sold) + ((Accounts Receivable * 365 days)…

Q: 2.[EXCEL] Cash conversion cycle: Northern Manufacturing Company management found that during the…

A: days’ sales in inventory 49 days’ to collect receivable 63 Average days to pay suppliers…

Q: Colby's Manufacturing Company management found that during the last year it took an average of 43…

A: Solution: Cash conversion cycle = Days of inventory outstanding + Days sales outstanding - Days…

Q: Find cash conversion cycle. Inventory conversion period = 50 days Average collection period =…

A: Cash conversion cycle is a measure which was used to find the required time to needed to convert the…

Q: 1. You work for a apparel company in Tokyo. Your CFO at the firm asks you to compute the company’s…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: need answer

A:

Q: Your boss asks you to compute your company's cash conversion cycle. Looking at the financial…

A: Average inventory$24,800Accounts receivables averaged$18,700Accounts payables…

Q: Teams MSFT Corporation has the following information: Inventory conversion period 79.02 days…

A: To determine the length of time (days) for Microsoft Corporation to cycle cash, we can use the cash…

Q: A firm has $400,000 in credit sales and $100,000 in accounts receivable.Compute accounts receivable…

A:

Q: What is the firm's cash (conversion) cycle?

A: Information provided: Inventory Conversion Period = 38 days Receivables Collection Period = 19 days…

Q: A CARDBOARD BOX FACTORY pays its suppliers 40 days after making the purchase and receiving the…

A: The question is related to Operating cycle in Working Capital Management.   Since you have posted a…

Q: what it the firm’s cash conversion cycle?

A: Cash Conversion Cycle: It is a metric used in finance that indicates the time it takes for a firm…

Q: he companative financal satements of Mara Inc. ane a follows. The markt prie of Marshal comman stock…

A: Financial Ratios- A financial ratio or accounting ratio is a relative scale of two selected…

Q: Prestige Company has determined the following information for its recent fiscal year: Days inventory…

A: Cash conversion cycle: It can be defined as a metric that computes the time usually taken by a…

Q: Calvani, Inc., has a cash cycle of 43.5 days, an operating cycle of 63 days, and an inventory period…

A: Variables in the question:Cash cycle=43.5 daysOperating cycle=63 daysInventory period=27 days Cost…

Q: Luzadis Company makes furniture using the latest automated technology. The company uses a job-order…

A: The overhead underapplied or overapplied is adjusted to cost of goods sold or the inventory accounts…

Q: (16-11) Cash Conversion Negus Enterprises has an inventory conversion period of 50 days, an average…

A: Number of days 365 Days Divided by:  Average collection period 35 Days   Accounts receivable…

Q: Zane Corporation has an inventory conversion period of 48 days, an average collection period of 26…

A: Cash conversion cycle(CCC) will be CCC =Inventory conversion period + Average collection period…

Q: Company ABS’s Cash Conversion Cycle has 241.46 days while Company CBN has 194 days of CCC. Which…

A: The cash conversion cycle depicts the movement of the cash from the investing period to the…

Q: What is the receivales turnover and what is the average collection period (days sales outstanding) ?

A: Information Provided: Credit sales = $10,640,000 Receivables = $1,520,000

Q: Fires Inc. has a cash conversion cycle of 3 weeks. It has a receivable turnover of 45 and disburse…

A: Return on assets indicates the firm's profitability on total assets. It can be calculated by…

Q: Consider the following cash flows: Year 0 1 2 3 4 Cash Flow -$ 7,600 2,150 4,900 1,950 1,650 What is…

A: Payback Period is the time taken by cash flows of the project to recover the initial cost of…

Q: Company Abel has total sales of $375,000, of which, $125,000 represents cash sales. Its annual…

A: Accounts receivable is the amount of money not paid by customers that is due to the organization for…

Q: Compute for Receivable Collection Period, Inventory Conversion Period, Payables Deferral period and…

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: For the Bayer Company, the average age of accounts receivable is 60 days, the average age of…

A: Step 1: Step 2: Step 3: Step 4:

Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.