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 the 2018 Cash Conversion Cycle using 365 days? 2017 Account Receivable 15,653 000 2018 Account Receivable 15 050 000 2017 Inventory= 5 585 00O 2018 Inventory = 5 704 0O. 2017 Accounts Payable 14.565 000 2018 Accounts Payable 13 953 000 2017 Sales134674 000 2018 Sales 158 902 000 2017 Cost ofsa 2018 Cost of 2017 Fur 2018 Purchases = 123 43 C00. ales= 95 114000 f Sales 113 997 C00 rchases - 95 114050.

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 the 2018 Cash Conversion Cycle using 365 days? 2017 Account Receivable 15,653 000 2018 Account Receivable 15 050 000 2017 Inventory= 5 585 00O 2018 Inventory = 5 704 0O. 2017 Accounts Payable 14.565 000 2018 Accounts Payable 13 953 000 2017 Sales134674 000 2018 Sales 158 902 000 2017 Cost ofsa 2018 Cost of 2017 Fur 2018 Purchases = 123 43 C00. ales= 95 114000 f Sales 113 997 C00 rchases - 95 114050.

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

See similar textbooks

Similar questions

CCC practice exercise: The COGS of a company is 600,000. Opening inventory is 15,000 and the closing inventory is 85,000. Particular 2018 Annual Credit Sales 500,000 Annual credit purchases 300,000 Creditors in the beginning 65000 Creditors at the end 45000 Debtors in the beginning 80,000 Debtors at the end 100,000 You are requested to calculate the cash conversion cycle
Given the following information, which statement is correct? 2021 2022 Cash $120 $100 Accounts receivable $100 $150 Net sales $450 $500 COGS $400 $380 Gross profit margin is improving from 2021 to 2022. A/R turnover is increasing from 2021 to 2022. Days receivable is becoming shorter from 2021 to 2022. Net cash build is $500 for 2022. The current assets are decreeing from 2021 to 2022. The gross profit is same for both 2021 and 2022.
Find return on financial leverage and return of financial leverage ratio for years 2017, 2018, and 2019
Question Observe the following statement: STATEMENT OF CASH FLOW FOR "COUCH POTATO TECHNOLOGIES P/L" For the year ending June 30 2011 2010 2011 $000 $000 Receipts from customers (sales) Payments for purchases Payments to employees Purchase of assets 350 180 50 60 80 80 10 20 Payments for operating expenses 10 15 Additional Information: Industry Average Efficiency : 20% Net profit in 2010 : $21 000 a) Define the term working capital. b) Comment on the cash flow of Couch Potato Technologies P/L in 2010. c) Calculate and comment on the efficiency of Couch Potato Technologies P/L d) Calculate and comment on the net profit of Couch Potato Technologies P/L. e) Recommend TWO strategies that can be used to manage the working capital of Couch Potato Technologies P/L.
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 explain your answer and give rught choices
Provide a Market Share Ratio Analysis based on the Per Share Data given. (PER) and (PBR).
Central Bank has the following information (in $million). 2017 ($ million) 2018 ($ million) Revenue 780 890 Net income 240 375 Assets 22,450 27,850 Equity 2,250 2,980 Which of the following statements about Central Bank is CORRECT? Select one: a. From 2017 to 2018, its Return on Equity decreased, Return on Assets decreased, and Leverage Multiplier increased. b. From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier decreased. c. From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier increased. d. From 2017 to 2018, its Return on Equity increased, Return on Assets decreased, and Leverage Multiplier increased.
Need Correct answer of the question
Need Correct option
Find return on financial leverage and return of financial leverage ratio for years 2017, 2018, and 2019.
Calculate the Cash Flows in the Statement of Cash Flows below from the provided Balance sheet and Income Statement BALANCE SHEET (in millions of dollars) INCOME STATEMENT (in millions of dollars) 2015 2014 2015 2014 Assets Net sales $3,000.0 $2,850.0 Cash and equivalents 10 $ 80 Operating costs except depreciation and amortizatio 2,616.2 2,497.0 90.0 100.0 Accounts receiva ble 375 315 Depreciation and amortization $ 283.8 $ 263.0 Inventories 615 415 Earnings before interest and taxes (EBIT) Total current asse ts $ 1,000 $ 810 Less interest 88.0 60.0 $ 195.8 $ 203.0 Net plant and equipment 1,000 870 Earnings before taxes (EBT) $ 2,000 1,680 Total assets Taxes 78.3 81.2 117.5 $ 121.8 Net income Liabilities and Equity Common dividends 57.5 53.0 Addition to re tained earnings Accounts payable $ $ 60 $ 30 60.0 $ 68.8 Accruals 140 130 Notes payable 110 60 Tax rate 40% 40% 310 $ Total current liabilities 220 Long-term bonds 750 580 $ 1,060 $ Total liabilities 800 Common stock (50,000,000…

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

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…

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

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

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…

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

SEE MORE TEXTBOOKS