working capital management of the company for 2018 using the following data. Wh 2018 Recelvable turnover? 2017 Account Receivable = 15 3Asd00 2018 Account Recelvable = 15,050.000 2017 Inventory=5,585.000 2018 Inventory = 5704.000 2017 Accounts Payable = 14.565.000 2018 Accounts Payable = 13 953 000 2017 Sales = 134,674,000 2018 Sales158 902.000 2017 Costof Sales =95, 114.COD 2018 Cost of Sales =119997 000 2017 Puichases= 96 114 000 2018 Purchases = 123 435 00D

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
e 2018 Cash Co X+
com/quiz/28465383
press
Lazada a Agoda.com e Quiz | Edmodo Department of Edu. e Classes | Ec
Question 1
5 points
You are a financial Manager of Chevron Corp. You need to assess the effectiveness of
working capital management of the company for 2018 using the following data. What is t
2018 Receivable turnover?
2017 Account Receivable = 15 3o00
2018 Account Receivable = 15.050,00
2017 Inventory =5585.000
2018 Inventory = 5.704.000
2017 ACcounts Payable = 14.565:.000
2018 Accounts Payable = 10 952 0
2017 Sales = 134,674,000
2018 Sales = 158 902.000
2017 Cost of Saies = 95, 114 CUD
2018 Cost of Sales = 110 997 000
2017 PUtchases = 96 114000
2018 Purchases 123 435 000
10
17
f8
f6
Transcribed Image Text:e 2018 Cash Co X+ com/quiz/28465383 press Lazada a Agoda.com e Quiz | Edmodo Department of Edu. e Classes | Ec Question 1 5 points You are a financial Manager of Chevron Corp. You need to assess the effectiveness of working capital management of the company for 2018 using the following data. What is t 2018 Receivable turnover? 2017 Account Receivable = 15 3o00 2018 Account Receivable = 15.050,00 2017 Inventory =5585.000 2018 Inventory = 5.704.000 2017 ACcounts Payable = 14.565:.000 2018 Accounts Payable = 10 952 0 2017 Sales = 134,674,000 2018 Sales = 158 902.000 2017 Cost of Saies = 95, 114 CUD 2018 Cost of Sales = 110 997 000 2017 PUtchases = 96 114000 2018 Purchases 123 435 000 10 17 f8 f6
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Ratio Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education