Compute the cash conversion cycle for both year ?? General accounting Winnebago Industries has the following metrics for 2015 and 2014.Amounts in daysDays sales outstanding2015 201425.7 19.3Days inventory outstanding 47.3 49.1Days payable outstanding13.9 13.3Compute the cash conversion cycle for both years.(Answer in days)

Step 1: Define What Is The Cash Conversion CycleA company's Cash Conversion Cycle reflects the…

Answered: Winnebago Industries has the following…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

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Chapter16: Working Capital Policy And Short-term Financing

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Your company ended 2018 with cash of $8M. Cash increased year-end 2019 by 20%. Sales in 2019 were $30M. What is the Cash Turnover Ratio for 2019? 4.2 3.4 4.3 3.8 please give the rght answer using the cghoices abive and explain
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In fiscal 2017 and 2016, Estée Lauder's financial statements included the following items. $ millions Inventory Receivables Payables Sales Cost of goods sold 2017 $1,213 1,283 3,108 12,297 2,461 2016 $ 1,264 1,258 2,349 11, 262 2,181 What was its cash cycle? Assume 365 days in a year. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.) X Answer is complete but not entirely correct. Cash cycle (183) > days
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Quantitative Problem: Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales outstanding on its cash conversion cycle. Winston's 2015 sales (all on credit) were $123,000 and its cost of goods sold was 75% of sales. It turned over its inventory 8.52 times during the year. Its receivables balance at the end of the year was $13,118.63 and its payables balance at the end of the year was $7,390.82. Using this information calculate the firm's cash conversion cycle. Do not intermediate calculations. Round your answer to the nearest whole number. days
please anwer all the questions i have mentioned below : - A company has the following items for the fiscal year 2020: Cash = 2 million Marketable securities = 3 million Account receivables (A/R) = 1.5 million Inventories = 8.5 million Total current liabilities = 8 million Calculate the company’s current ratio and quick ratio 2. Write the formula for the following ratios and what each ratio measures: Asset turnover Inventory Turnover and Days Inventory Receivable Collection Period 3. Write down the DuPont framework. How would you explain to your non-MBA non-Finance friend about the DuPont framework and why it is important?
Vikrambahi
Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales outstanding on its cash conversion cycle. Winston's 2015 sales (all on credit) were $127,000 and its cost of goods sold was 75% of sales. It turned over its inventory 8.21 times during the year. Its receivables balance at the end of the year was $13,176.01 and its payables balance at the end of the year was $7,390.04. Using this information calculate the firm's cash conversion cycle. Do not intermediate calculations. Round your answer to the nearest whole number. days

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Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days Days sales outstanding 2015 2014 25.7 19.3 Days inventory outstanding 47.3 49.1 Days payable outstanding 13.9 13.3 Compute the cash conversion cycle for both years. (Answer in days)