$ millions Total revenue GIS $14,597.0 $16,790.0 Cost of sales and services 9,871.0 10,312.9 Average accounts receivable Average inventory 1,382.0 2,607.0 2,324.0 1,562.9 Average accounts payable 2,348.0 3,483.0 Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. a. Compute the following measures for both companies. 1. Days sales outstanding (DSO) Company K GIS DSO 34.56 56.67 2. Days inventory outstanding (DIO) Company K DIO 85.9 55.3 GIS 3. Days payable outstanding (DPO) Company K GIS DPO 86.8 123.3 4. Cash conversion cycle (CCC) Company K GIS ссс 33.66 (11.33) Question Company b. Which company better manages its accounts receivable? K c. Which company uses inventory more efficiently? GIS ÷ d. Which company better manages its accounts payable? GIS

$ millions Total revenue GIS $14,597.0 $16,790.0 Cost of sales and services 9,871.0 10,312.9 Average accounts receivable Average inventory 1,382.0 2,607.0 2,324.0 1,562.9 Average accounts payable 2,348.0 3,483.0 Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. a. Compute the following measures for both companies. 1. Days sales outstanding (DSO) Company K GIS DSO 34.56 56.67 2. Days inventory outstanding (DIO) Company K DIO 85.9 55.3 GIS 3. Days payable outstanding (DPO) Company K GIS DPO 86.8 123.3 4. Cash conversion cycle (CCC) Company K GIS ссс 33.66 (11.33) Question Company b. Which company better manages its accounts receivable? K c. Which company uses inventory more efficiently? GIS ÷ d. Which company better manages its accounts payable? GIS

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

what are the solutions for questions 4 & 5?
Create a SQL table using your name with the following features: the columns of your table must include, at least the data types (in this order) and one more of your choice NOTE: You need to specify a 2 column (i.e 2 attribute 1. varchar (n), // where n covers the string length you want to enter 2. Int, 3. decimal, (precision = 8, scale = 3 4. date. 5. ??? your choice here ??? Table constraints: 1. It has a two column primary key 2. a check constraint on 2 columns, on the decimal and the date field 3. Use '2024-02-18' date as the default on the date field 5. write down your relational schema 5. Create the table, insert at least 4 rows, and do a Select * to show them example don't just copy these, change the constraint names
Can you please solve questions 5-15 of the problem above. Thank you.
You guys provided me an expert answer? Cuz the table for the part 1 of the p missing as well on volum PR what do i enter? and the part 2 has a table but c utilized.
Please provide the introductory part and answer for question D.
can you explain why the answer for the third part is option number 2 from the selection of answers
please answer this which is part C
Can i have the steps in formula form please
Where are the numbers from step 4 derived from?
1
Please show the calculations for one of them how the NRV(b is received.