Answer:
8.78
Explanation:
The computation of the cash cycle is given below;
We know that
Cash cycle = Inventory conversion period + Receivables conversion period - Payables conversion period.
Here
1. Inventory conversion period = Avg. Inventory ÷ (COGS ÷365)
= (11,000) ÷ (395000 ÷ 365)
= 10.16
2. Receivables conversion period = Avg. Accounts Receivable ÷ (Credit Sales × 365)
= (27000/520000) × 365
= 18.95
3. Payables conversion period = Avg. Accounts Payable ÷ (Purchases × 365)
= (22000 ÷ 395000) × 365
= 20.33
Now the cash cycle is
= 10.16 + 18.95 - 20.33
= 8.78
Hello there.
Question: <span>What type of degree do u need to have to be a hairstylist?
Answer: You would need a high school diploma or a GED for cosmetology school. You would then need an associate's degree in cosmetology.
Hope This Helps You!
Good Luck Studying ^-^</span>
To know how much will be you collection worth when you retire
in the year 2064, we will use the formula of the future value or FV.
To find the FV of a lump sum, we use:
<span>
FV = PV(1 +r<span>)^t where,</span>
t = 2064 – 1952 = 112
r = 4.5 x 100 = 0.45
PV = $54
Solution:
t<span>FV = $54(1.045)^112 = $7471.68</span></span>
<span>One part of a disseminator role would be for the vice president of human resources for a national electronics retailer is meeting with employees of several stores to present information to workers that their stores are closing and how the company will help employees in the future. A person in a disseminator role distributes information to his subordinates and superiors alike, by sending circulars, holding meetings, and making phone calls.</span>
Answer:
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Explanation:
