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:
Instructions are listed below
Explanation:
Giving the following information:
Ms. Langley is 30 years old and has begun a retirement plan that permits her to place monthly amounts of $400 into a retirement vehicle, beginning one month from now, for 30 consecutive years.
When Ms. Langley reaches her retirement at age 60, she expects to live for 25 more years. The interest rate is 6%.
First, we need to calculate the amount of money that she will have at age 60, using the following formula.
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 400
n= 30*12= 360
i= 0.06/12= 0.005
FV= {400[(1.005^360)-1]}/0.005= $401,806.02
Months= 25years*12= 300 months
Monthly= 401,806.02/300= $1,339.35
Answer: Option (c) is correct.
Explanation:
Correct option: Unplanned inventory investment.
Unplanned inventory investment is a component of investment spending. The other component of investment spending is planned inventory investment.
Unplanned inventory investment occurs when actual sales are more or less than the company's expected sales which results in unplanned changes occurred in the inventories.
Hence, in the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of Unplanned inventory investment.
Answer:
False
Explanation:
When <u>a multinational organization owns and controls productive assets in foreign countries through investment</u>, it is known as Foreign Direct Investment (FDI) and NOT relative efficiency of production.
FDI may be carried out through mergers and acquisitions, joint ventures and building facilities in other countries.
