Ives Corp. has an inventory period of 22.6 days, an accounts payable period of 37.7 days, and an accounts receivable period of 31.9 days. What is the company's cash cycle? A. 92.2 days B. 28.4 days C. 54.5 days D. 47.0 days E. 16.8 days
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Give company's cash cycle
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- Whalen Company had net sales of 125,500,250,000. Whalen had the following balances: Required: Note: Round answers to two decimal places. 1. Calculate the average accounts receivable. 2. Calculate the accounts receivable turnover ratio. 3. Calculate the accounts receivable turnover in days.Montalcino Company had net sales of 54,000,000. Montalcino had the following balances: Required: Note: Round answers to one decimal place. 1. Calculate the average accounts receivable. 2. Calculate the accounts receivable turnover ratio. 3. Calculate the accounts receivable turnover in days.Ives Corp. has an Inventory period of 21.6 days, an accounts payable period of 34.1 days, and an accounts receivable period of 30.2 days. What is the company's cash cycle?
- If the average age of the inventory is 90 days, the average age of accountspayable is 60 days, and the average age of accounts receivables is 65 days, the number of days in the cash flow cycle isa. 95 daysb. 125 daysc. 215 daysd. 85 daysNock Inc. has a Days Inventory Outstanding of 13, an Accounts Receivable $128, an Average Sales per Day of $15, and a Days Payable Outstanding of 3. What is Nock's Cash Conversion Cycle in days?Ives Corporation, has an inventory period of 22.1 days, an accounts payable period of 34.7 days, and an accounts receivable period of 30.5 days. What is the company's cash cycle?
- Nice Ltd has a Days Inventory Outstanding of 13, Accounts Receivable $128, Average Sales per Day of $15, Days Payable Outstanding of 3. Compute Cash Conversion Cycle in days.Ives Corporation has an inventory period of 21.5 days, an accounts payable period of 31.4 days, and an accounts receivable period of 28.7 days. What is the company's cash cycle?Question 4 options:18.8 days24.2 days81.6 days50.2 days38.6 daysABC Inc. has the following data. What is the firm's cash (conversion) cycle? Inventory Conversion Period = 38 days Receivables Collection Period = 19 days Payables Deferral Period = 26 days
- Bruton dye company has a Days Inventory Outstanding of 13, an Accounts Receivable of P128, an Average Sales per Day of P15, and a Days Payable Outstanding of 3. Compute Cash Conversion Cycle in days.General AccountingеВook Zane Corporation has an inventory conversion period of 90 days, an average collection period of 34 days, and a payables deferral period of 48 days. Assume 365 days in year for your calculations. a. What is the length of the cash conversion cycle? Round your answer to two decimal places. days b. If Zane's annual sales are $3,454,540 and all sales are on credit, what is the investment in accounts receivable? Do not round intermediate calculations. Round your answer to the nearest cent. $ c. How many times per year does Zane turn over its inventory? Assume that the cost of goods sold is 75% of sales. Use sales in the numerator to calculate the turnover ratio. Do not round intermediate calculations. Round your answer to two decimal places.