Homework Answers
The answer is c- 90 days
It may be days or weeks (or months or years) before the inventory is resold or used in the manufacture of a final product that is then sold, depending on the nature of your business. Therefore, investing in the stock of your company has a significant impact on your cash flow. The inventory over-investment reduces the amount of money that could be used for other purposes of outflow. Good management of the cash flow allows you to analyze your expenditure in inventory to prevent overinvestment.
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11. Which amount of inventory consumes more cash? (A) 30 days (B) 60 days (C) 90...
a. 120 days b. 90 days С. 60 days d. 30 days e. 2 weeks 19....
a. 120 days b. 90 days С. 60 days d. 30 days e. 2 weeks 19. An employee who feels unjustly treated should a. Contact an attorney b. Write a letter to the board of directors c. Bring up the topic at the next staff meeting d. Follow the steps of the grievance process e. File a complaint with the EEOC 20. An incident report should never include a. The identification of the injured party b. Assumptions c. The medical...
cash: 732,000 A/R: 1,220,000 Inventory: 1,708,000 Supplies: 476,000 over 90: 12,000 61-90: 38,000 31-60: 86,000 1-30:...
cash: 732,000
A/R: 1,220,000
Inventory: 1,708,000
Supplies: 476,000
over 90: 12,000
61-90: 38,000
31-60: 86,000
1-30: 254,000
not yet: 830,000
cash sales: 2,250,000
Credit sales: 7,150,000
Makeup of Current Assets Cash Accounts Receivable Supplies Value ($) Accounts Receivable by Age Over 90 days past due 61-90 days past due 31-60 days past due 1-30 days past due Not yet due mie $0 $200,000 $800,000 $400,000 Accounts Receivable ($) $200,000 $600,000 $800,000 $400,000 Accounts Receivable ($) Percent Uncollectible by Age Makeup...
30) The maximum maturity on 3(a)3 commercial paper is A) 90 days B) 270 days C)...
30) The maximum maturity on 3(a)3 commercial paper is A) 90 days B) 270 days C) 180 days 34) D) 1 year
I need help writing a VBA code for aging accounting receivables for 30, 60, 90 days...
I need help writing a VBA code for aging accounting receivables for 30, 60, 90 days in Excel.
1. How can a bank create a synthetic 30-day forward rate agreement on a 90-day interest rate? A. Borrow for 90-days and...
1. How can a bank create a synthetic 30-day forward rate agreement on a 90-day interest rate? A. Borrow for 90-days and lend the proceeds for 30 days. B. Borrow for 90 days and lend the proceeds for 60 days. C. Borrow for 120 days and lend the proceeds for 30 days. 2. A put option is in-the-money when: A. The stock price is equal to the exercise price of the option. B. The stock price is lower than the...
A firm takes 30 days to collect its accounts receivables and 45 days to pay its...
A firm takes 30 days to collect its accounts receivables and 45 days to pay its accounts payable. Its average age of inventory is 75 days. Its annual sales are $800,000 with COGS of $350,000 and purchases of $220,000. 1. What is the firm's cash conversion cycle (CCC)? What does it measure? 2. What is the amount of resources tied up in the CCC in each of the following areas: a Inventory b Accounts receivable C Accounts payable Cash 3...
Aging Method Information Current 0 - 30 Days Past Due 31 - 60 Days Past Due...
Aging Method Information Current 0 - 30 Days Past Due 31 - 60 Days Past Due 61 - 90 Days Past Due > 90 Days Past Due Total Amount Past experience ratio Past experience ratio for % of sales method Facts: Accounts receivable balance (beg) Sales on account Collections on account Write-offs of accounts receivable Accounts receivable balance (end) Percentage of Sales Method Allowance for uncollectible accounts (beg) Write-offs of accounts receivable Uncollectible accounts expense Allowance for Uncollectible accounts...
The company quickly acquired $42,000 in inventory, 70% of which was paid for in cash. The...
The
company quickly acquired $42,000 in inventory, 70% of which was
paid for in cash. The rest was acquired on open accounts that were
payable after 30 days.
（I know that the inventory should be 42000，but what should be
the dollar amount of cash and accounts payable？）
Transaction 2 The company quickly acquired $42,000 in Account: Inventory Account: Cash Account: Acceunts Payable ve tory, 70% of which was paid for n cash. The rest was acquired on open accounts that...
Days in the Operating Cycle equals: Days in Inventory - Days in Receivables + Days in...
Days in the Operating Cycle equals: Days in Inventory - Days in Receivables + Days in Payables Days in Inventory + Days in Receivables – Days in Payables Days in Inventory + Days in Receivables + Days in Payables Days in Inventory - Days in Receivables – Days in Payables The ending Retained Earnings balance of ABC increased by $1.5 million from the beginning of the year. The company's net income earned during the year is $3.5 million. What is...
I need help how to calculate From column I (0-30 days ) Column J (30-60 days)...
I need help how to calculate
From column I (0-30 days )
Column J (30-60 days)
Column K (60- 90 days)
Column L (90+ days)
File Home Insert Page Layout Formulas Data Review View Developer Help Fuzzy Lookup Search Cut Acce Accent3 Comma [0] Curre M N 63 63 Arial - 10 A A === 20 Wrap Text Custom 60% - Accent Accenti Accent2 Paste bopy BIU - - - A. Merge & Center - $ - %. 4888 Conditional...
a. 120 days b. 90 days С. 60 days d. 30 days e. 2 weeks 19. An employee who feels unjustly treated should a. Contact an attorney b. Write a letter to the board of directors c. Bring up the topic at the next staff meeting d. Follow the steps of the grievance process e. File a complaint with the EEOC 20. An incident report should never include a. The identification of the injured party b. Assumptions c. The medical...
cash: 732,000
A/R: 1,220,000
Inventory: 1,708,000
Supplies: 476,000
over 90: 12,000
61-90: 38,000
31-60: 86,000
1-30: 254,000
not yet: 830,000
cash sales: 2,250,000
Credit sales: 7,150,000
Makeup of Current Assets Cash Accounts Receivable Supplies Value ($) Accounts Receivable by Age Over 90 days past due 61-90 days past due 31-60 days past due 1-30 days past due Not yet due mie $0 $200,000 $800,000 $400,000 Accounts Receivable ($) $200,000 $600,000 $800,000 $400,000 Accounts Receivable ($) Percent Uncollectible by Age Makeup...
30) The maximum maturity on 3(a)3 commercial paper is A) 90 days B) 270 days C) 180 days 34) D) 1 year
A firm takes 30 days to collect its accounts receivables and 45 days to pay its accounts payable. Its average age of inventory is 75 days. Its annual sales are $800,000 with COGS of $350,000 and purchases of $220,000. 1. What is the firm's cash conversion cycle (CCC)? What does it measure? 2. What is the amount of resources tied up in the CCC in each of the following areas: a Inventory b Accounts receivable C Accounts payable Cash 3...
The
company quickly acquired $42,000 in inventory, 70% of which was
paid for in cash. The rest was acquired on open accounts that were
payable after 30 days.
（I know that the inventory should be 42000，but what should be
the dollar amount of cash and accounts payable？）
Transaction 2 The company quickly acquired $42,000 in Account: Inventory Account: Cash Account: Acceunts Payable ve tory, 70% of which was paid for n cash. The rest was acquired on open accounts that...
I need help how to calculate
From column I (0-30 days )
Column J (30-60 days)
Column K (60- 90 days)
Column L (90+ days)
File Home Insert Page Layout Formulas Data Review View Developer Help Fuzzy Lookup Search Cut Acce Accent3 Comma [0] Curre M N 63 63 Arial - 10 A A === 20 Wrap Text Custom 60% - Accent Accenti Accent2 Paste bopy BIU - - - A. Merge & Center - $ - %. 4888 Conditional...
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