Answer:
days on inventory 57 + collection cycle 163- payment cycle 63
CCCT = 157 days
Explanation:
The cash-to-cash measures the times from the company paid his good from the time it collect from the customer:
days inventory outstanding + collection cycle - payment cycle
<u>days inventory outstanding:</u>
Where:
where:
COGS $ 1,790,000
Beginning Inventory: $ 273,000
Ending Inventory: $ 290,000
Average Inventory: $ 281,500
Inventory TO 6.358792185
Days on Inventory 57
<u>Collection cycle:</u>
where:
Purchases: 1,575,000
Beginning AP: 227,500
Ending AP: 316,200
Average AP: 271,850
AP TO 5.793636196
payment cycle 63
<u>Collection cycle</u>
Sales 102,000
Average AR 45,500
AR TO 2.241758242
collection cycle 163
Answer:
Postal service mall sorters and processors is the correct answer for the following.
Explanation:
- A postal worker would be someone who receives, philtres and handles mail and sells mail items.
- These include such roles as postal hoppers and agents, mail carriers, developers, and assembly line workers.
- Workers at the Postal Service collect and prepare mail for shipment to homes, companies and boxes at the post office.
Therefor, the Postal service is the correct answer.
Answer:
$0 because an agreement to accept different performance in lieu of full payment of liquidated debt is binding.
Explanation:
Since there is an agreement between Amy, a baker, and her brother, she owes him $0.
At first, Amy gets a loan of $3,000 from her brother to pay for her dream home. She agrees to pay him back in one year, and that agreement was binding. During the time to pay back the loan, Amy offers to bake her brother's wedding cake instead of paying back the loan and her brother accepts. This has presented a new agreement that overrules the previous agreement. Now instead of paying back the $3,000, she would bake a wedding cake for him. This implies that the wedding cake is equal to $3,000.
Therefore, she owes him $0.
I think the likely response from the bank is that probably the date when you issued the checks is not the same when the beneficiary cashed or deposited them.
Answer:
Business strategy
Explanation:
The idea to compete in a remote model air-plane industry is a part of the business strategy of like real. This is a business strategy because the decision has been made to compete in an industry to gain more customers and to improve their share in the market. It will also help like real to strengthen their performance and organisational goals.