ESSAY 32 - 34. Ending inventory is PHP13,000 while accounts payable is PHP2,500. Purchases were half the ending inventory. What is accounts payable turnover? Average age of payables? 35 - 37 Current assets amount to PHP30,000 while noncurrent assets are PHP50,000, Sales amount to PHP200,000. What is the total asset turnover? 38 - 40. Based on your answers from letters C, d, and e, what is the operating cycle of the company? Cash,conversion cycle?

ESSAY 32 - 34. Ending inventory is PHP13,000 while accounts payable is PHP2,500. Purchases were half the ending inventory. What is accounts payable turnover? Average age of payables? 35 - 37 Current assets amount to PHP30,000 while noncurrent assets are PHP50,000, Sales amount to PHP200,000. What is the total asset turnover? 38 - 40. Based on your answers from letters C, d, and e, what is the operating cycle of the company? Cash,conversion cycle?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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