There are numerous reasons why it is a good idea to know the engine size of a vehicle. The size of an engine will let a driver know the horespower that the car has. It will also let the person know how much fluids are needed in the car such as oil, transmission fluid, radiator fluid, etc. The size of the engine is also needed when a person goes to buy a battery for the car. The size of the engine is also needed when you go and buy parts for the car.
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The answer is a
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Answer:
Cash conversion period = 255.46 days
Explanation:
<em>The sale-to-cash conversion period is the average length of time between when payment is made to suppliers for goods purchased and when cash are received form customers in respect of sales. The shorter the better because the period indcates how much working finance a business would need .</em>
It is calculated as follows
Cash conversion period = Inventory days + receivable days - Payable days
Inventory days
=(Average inventory/cost of goods)× 365
=(120,000/182,500) × 365
=240 days
Receivable days
=Average receivable/Credit sales× 365
=(85,000/325,000)× 365 days
= 95.46 days
Payable days
= Average payable days/cost of goods × 365days
= 40000/182,500 × 365 days
= 80 days
Sales to cash conversion period
= 240 + 95.46 - 80
= 255.46 days
<u>Answer:
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The given statement describes the collaborative emergency management principle.
<u>Explanation:
</u>
- Being able to manage the elements within and outside the organization requires the manager to possess a set of skills that allows him to successfully form collaborations with and among the elements of the business.
- Emergency management is subject to fewer complications when easy collaborations are possible among the players associated with the business.
- This helps to withstand the emergency until it passes.