Answer:
It is 16.9
Explanation:
Operating cycle = Inventory turnover + Receivable turn over - payable turnover
Hence, Operating cycle = 7.3+9.6
=16.9
Operating cycle implies how long it takes us to convert entire production process to cash .
It has an direct relationship with the level of working capital required. The higher the operating cycle, the higher the working capital investment required to keep the operation running.
A cash driven businesses like restaurant which hardly sell on credit will certainly have shorter operating cycle compared to a manufacturing company.
Answer:
Governance Form.
Explanation:
The buyer has the right to request a copy of several documents, including the Governance Form. This form summarizes the board of directors and unit rights.
Thank you for posting your question here at brainly. Below are the choices that should accompanied with the question above, the answer is letter C.
a. He bought several apartments to rent out under Airbnb
b. He became an Uber driver
c. He lived out of Airbnb rentals full-time
d. He became a bell hop at a San Francisco Hilton Hotel
<span>e. All of the above</span>
Answer:
ISO 9000
Explanation:
In this question, the quality of standard being mentioned is known as the ISO 9000. This is a set of standards that helps organizations make sure that they are meeting the customer and shareholder needs as well as complying to the statutory and regulatory requirements that exist regarding the product or service. This is the main quality of standards that are enforced and required by the European Union for every firm in its marketplace.
Answer:
$43.19
Explanation:
Use dividend discount model(DDM) to solve this question; specifically constant dividend growth model.
P0 = D1/(r-g)
P0 = Current price
D1 = Next year's dividend = $3.11
r = investors' required return = 11.4% or 0.114 as a decimal
g = dividend growth rate = 4.2% or 0.042 as a decimal
P0 = 3.11/(0.114 - 0.042)
P0 = $43.19
Therefore, this stock price is $43.19
