Answer: 130 days
Explanation:
The Cash Conversion Cycle is a measure that attempts to show how many days on average it takes a company to convert resources into cash.
It is calculated with the following formula,
= Days of Inventory Outstanding + Days of Sales Outstanding - Days of Payables Outstanding
Where,
Days of Inventory Outstanding is the amount of days it takes to convert inventory to sales
Days of Sales Outstanding is the amount of time it takes debtors to pay the company for goods they bought and,
Days of Payables Outstanding is the time it took the company to pay for the goods it bought
Plugging in the figures we have,
= 100 + 60 - 30
= 130 days
The firm's cash conversion cycle is 130 days.
<span>Because the initial delivery was made on August 1st and the original agreement was for the delivery to be no later than August 15th, that gives the lessee exactly 14 days to correct the problem and make good on the contract.</span>
I think that the stament given above is true, as this principle <span>lets business survive or fail without much interaction from the government.</span>
something that is present but no longer used by an organism such as a tailbone or appendix in humans
If a government chooses to do this, the reduction in pollution will TAKE PLACE IN THE FIRMS WHERE ITS LEAST EXPENSIVE TO DO SO. If a government desire to establish a marketable permit program, it must first define the pollutants that will be allowed and their overall amounts that will be permissible. Companies that will mostly participate in the program will be those that do not produce much pollutants.
