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HACTEHA [7]
3 years ago
8

The 2013 and 2014 balence sheet for Northwest plumbing showed cash of $6,500 and $8,000 respectively. Accounts receivable of $15

,000 and $18,000 respectively, inventory of $12,500 and $9,500, and accounts payable of $5,000 and $8,000. Its 2014 net income statement showed showed net sales of $116,000. Cost of goods sold of $58,000 and net income of $31,000. The cash conversion cycle for 2014 was
Business
1 answer:
ankoles [38]3 years ago
5 0

Answer:

The cash conversion cycle for 2014 was 105 days.

Explanation:

To calculate the Cash Conversion Cycle you need first to calculate three indicators that are the components of the Cash Conversion Cycle.

DIO - Days of Inventory Outstanding

DSO - Days Sales Outstanding

DPO - Days Payables Outstanding

The CCC is the sum of DIO + DSO - DPO

Please see details below:

CCC - Cash Conversion Cycle = 105  days

DIO - Days of Inventory Outstanding = 99 days

Average Inventory  $15.750  

Cost Of Goods  $58.000  

DSO - Days Sales Outstanding = 57 days  

Accounts Receivable $18.000  

Sales $116.000  

DPO - Days Payables Outstanding = 50 days  

Accounts Payables  $8.000  

Cost Of Goods  $58.000  

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A clothing store has ordered 100,000 swimsuits. It costs $22 to produce a swimsuit. They plan to sell them until August 31 at a
fomenos

Answer:

Total profit = $1800000  @ a given demand level of 100K units of swimsuit.

Explanation:

Lets first develop a formula representing the Total profit for any demand level, see as follows:

(Selling price per unit× d) - (cost per unit× d)= Total profit

We will be using the short forms of the components in this formula.

SP = selling price per unit

d= demand

cp= cost per unit

TP= Total profit.

Now lets substitute the values into the formula to compute profit at any demand level (in this case 100,000 units of swimsuits) as follows:

Total profit = ($40× 100000) - ($22× 100000)

Total profit = $4000,000 - $2200,000

Total profit = $1800000  @ a given demand level of 100K units of swimsuit.

<em />

<em>(NOTE: The formula mentioned above can be used to compute the correct profit for any demand level, even though if there is a change in sp and/or cp, the formula can also be useful.)</em>

8 0
3 years ago
g Cabal Products is a division of a major corporation. Last year the division had total sales of $10,333,500, net operating inco
timama [110]

Answer:

2.49

Explanation:

The division’s turnover is computed using the formula of turnover ratio. Divide the total sales portion of the division with the average operating assets that gives the division’s turnover.

Division Turnover= Sales / Average Operating Cost

DT= $10,333,500 / $4,150,000

DT= 2.49

The division's turnover is closest to 2.49

6 0
3 years ago
PLEASAE HELP ME YOU GUYS!!!!!!!!!!!!!!! 40 POINTS IF YOU ANWSER ALL!!!!
Natasha_Volkova [10]

Answer:

1. threats to the company

2. is product

3.true

4. sending out press release

8 0
2 years ago
True/False<br> The Marketing Cloud Connect API user is typically a shared user.
irina [24]

Answer:

The answer is True

Explanation:

Marketing cloud connected to an API is typically a process that makes pushing of marketing data to other department in sales easy.

Before we continue, let us define some terms:

API simply stand for Application Programming Interface

Marketing Cloud is a system that allows for the integration of digital marketing tools into a system such as google analytics, for the purpose of motoring client or customer interaction with a particular product or system.

Cloud: This is the process of using a form of server managed and hosted over the internet to manage and arrange data processing.

Going back to the question, since it is a cloud based system, it is typically a shared user system. so the answer is true.

6 0
3 years ago
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be
Olegator [25]
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal, this is known as the equilibrium price. Equilibrium price is the price set by a market in which the amount of products that are supplied is equal to the amount of products that are demanded.
8 0
3 years ago
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