West Chester automation has an inventory turnover of 17.5 and an accounts payable turnover of 11. The accounts receivable period is 36 days. What is the length of the cash cycle?
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- ABC 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 daysGeneral AccountingIves 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?
- 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?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 daysIf an average age of accounts payable is 15 days, the average age of accounts receivables is 60 days, and the average age of inventory is 10 days, the number of days in the operating cash conversion cycle is O A. 70 days O B. 85 days O C. 55 days O D. 60 days
- Financial AccountingTeams MSFT Corporation has the following information: Inventory conversion period 79.02 days Receivables collection period 35.8 days Payables deferral period 9.6 days Can you determine the length of time (days) for them to cycle cash in the company? (represent your numeric result in two decimal places)Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 59 days Receivables Collection Period = 19 days Payables Deferral Period = 41 days Please explain process and show calculations.
- An analyst has obtained the following information regarding ABC, Inc. Using this information, he needs to estimate the company's Accounts Payable. Sales = $93,398Cost of Goods Sold (COGS) = $36,052Cash Cycle = 22 daysOperating Cycle = 86 daysAccounts Receivable Period = AR Period = Average Collection Period (ACP) = 40 daysWhat is the company's Accounts Payable balance?Calvani, Inc., has a cash cycle of 43.5 days, an operating cycle of 63 days, and an inventory period of 27 days. The company reported cost of goods sold in the amount of $342,000, and credit sales were $565,000. Required: What is the company's average balance in accounts payable and accounts receivable?If the average age of the inventory is 90 days, the average age of accounts payable is 65 days, and the average age of accounts receivable is 60 days, how many days would be the net cash cycle?