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.
 
        
             
        
        
        
Answer:
A. $800
Explanation:
Ana Co.
Sales                            $500,000        
Accounts Receivable    $40,000       
Allowance for doubtful accounts   $300  Credit 
Bad Debts Expense = 2 % of $ 40,000=   $  800          
The adjusting entry would be 
Bad Debts Expense $ 800 Dr.
Allowance for doubtful accounts   $800  Credit    
 
As we already have a credit balance of $ 300 in the doubtful accounts we will increase it with an amount of $ 500.
Allowance for Doubtful Accounts $ 500 Debit 
Account Receivable                     $ 500 Credit      
    
 
        
             
        
        
        
Answer and Explanation:
The journal entry is shown below:
Cash Dr $98,800
Finance charge Dr ($120,000 × 1%) $1,200
        To Liability - Financing Arrangement $100,000
(being receipts of cash is recorded)
Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance 
 
        
             
        
        
        
Television has contributed a positive impact and has been proven effective in helping with the increase of commercial sports because it acts as a tool for recruiting new spectators as well as fans. Furthermore, the globalization<span> of commercial sports can also be attributed to the fact that sports organizations are interested in </span>expanding<span> their markets.</span><span> </span>
        
             
        
        
        
A stabilized budget is used to forecast income and expense over some period of years.
<h3>What is A 
stabilized budget?</h3>
A budget that forecasts income and expenses over a short period of time, typically five years, is considered steady. a property's rent roll. can be used to calculate the potential annual rental income of a property.
After construction or a large refurbishment, the projected rental income, cost, or Net Operating Income Example: Stabilized income was predicted two years after an office building opened.
Thus, A stabilized budget is used to forecast income and expense 
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