QUESTION 13Bahrain Car Parks Company B.S.C. (Bahrain Bourse, #CPARK) has the information shown below (all numbers are in thousands):Sales$122,800Cost of Goods Sold104,380Accounts Receivable10,900InventoryTotal current assets1,42038,820Accounts PayableTotal current liabilities22,64023,640What is CPARK 's cash conversion cycle?

Answered: Image /qna-images/answer/fb45930f-e858-4da8-8cc1-111628587767.jpg

QUESTION 13 Bahrain Car Parks Company B.S.C. (Bahrain Bourse, CPARK) has the information shown below (all numbers are in thousands Sales $122,800 Cost of Goods Sold Accounts Receivable 104,380 10,900 Inventory Total current assets 1,420 38,820 22,640 23,640 Accounts Payable Total current liabilities What is CPARK's cash conversion cycle?

QUESTION 13 Bahrain Car Parks Company B.S.C. (Bahrain Bourse, CPARK) has the information shown below (all numbers are in thousands Sales $122,800 Cost of Goods Sold Accounts Receivable 104,380 10,900 Inventory Total current assets 1,420 38,820 22,640 23,640 Accounts Payable Total current liabilities What is CPARK's cash conversion cycle?

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 66.3C

See similar textbooks

Similar questions

QUESTION 17 Claculate Delta Airlines' Cash COnversion Cycle based on the following information: Sales 279,852 COGS 164,821 Accounts Receivable 36,266 Inventory 5,171 Accounts Payable 56,060
2 decimal plac
5. Using the given, compute the cash conversion cycle of the entity. Beginning Ending Average P 300,000 P 350,000 P 325,000 200,000 Trade receivables 800,000 ??? Inventory Trade payables 300,000 ??? 650,000 For the year Sales (all on credit) P 2,600,000 Purchases 1,950,000 Your answer 7. Interpret the given and the cash conversion cycle. Provide points of improvement. Be specific. Answer in three to five sentences. Your answer
I want the Correct answer of what is the right option
Consider the following cash flows: Year Cash Flow 0123 $19,400 10,400 9,320 6,900 What is the IRR of the above set of cash flows? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return 96
13 What is the estimated cost of goods sold alnu 14. What is the estimated total selling and administrative expense IUI JUIŲI 15. What is the estimated net operating income for July? 12. What is the estimated FIIL TOI лу: ises Connect Gerw Hill ACCOUNTING All applicable exercises are available with McGraw-Hill's Connect® Accounting EXERCISE 8-1 Schedule of Expected Cash Collections [LO8-2] Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales 00 in May of each year, as shown in the company's sales budget for the second quarter given belou April May June Total Budgeted sales (all on account) $300,000 $500,000 $200,000 $1,000,000
Consider the following financial statement information: Item Beginning Year Ending Inventory € 9.780 € 11.380 € 4.108 € 4.938 € 7.636 € 7.927 Accounts Receivable Accounts Payable Credit Sales Cost of Goods Sold € 89.804 € 56.384 Calculate the operating and cash cycles. How do you interpret your answer?
Mr. Matagumpay gave to his accountant the following data for the year ended December 31, 2019. P 385,000 175.000 P 210,000 (5,000) (95.000) P110,000 Other Information: Accounts Receivable, 2018 Accounts Receivable, 2019 Accounts Payable, 2018 Accounts Payable, 2019 Inventory Sales Cost of Goods Sold Gross Profit Depreciation Expense Operating Expenses Net Income P 75,000 90,000 45,000 55.000 50,000
None
hi. i need the answer for this financial management question tq
Using the direct method compute World Wide Corps; Cash Payments to Suppliers Cash Payments for Operating Expenses See attached for Inputs
G18.