1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
steposvetlana [31]
4 years ago
14

Peterson's Antiquities currently has a 31 day cash cycle. Assume the firm changes its operations such that it decreases its rece

ivables period by 2 days, decreases its inventory period by 3 days, and decreases its payables period by 4 days. What will the length of the cash cycle be after these changes?
Business
1 answer:
Snowcat [4.5K]4 years ago
3 0

Answer: 30 days

Explanation: Cash cycle refers to the amount of time it takes for a business from paying cash to its suppliers for raw materials and receiving cash from its customers fro the sales made.

Hence from the above we can say that :-

decrease in inventory will decrease the cycle.

Decrease in receivables will decrease the cycle.

decrease in payables will increase the cycle.

Thus,

cash cycle =  31 days - 2 days + 4 days - 3 days

                  = 30 days

You might be interested in
A general requirement for the informed consent is that no informed consent may include any exculpatory language. Exculpatory lan
s2008m [1.1K]

Answer:

I waive any possibility of compensation for injuries that I may receive as a result of participation in this research.

Explanation:

The given definition in the scenario is that ''Exculpatory language is that which <u>waives or appears to waive any of the subject's legal rights</u> or releases <u>or appears to release those conducting the research from liability for negligence</u>.''

Therefore in the consent statement requesting that a subject state ''I <u>waive any possibility of compensation for injuries that I may receive as a result of participation</u> in this research, directly defines the content of an exculpatory language.

The statement is waiving the responsibility of researchers for negligence and at the same time waiving the legal rights of the research participants

8 0
3 years ago
Before a three-for-one stock split, the shares outstanding were 5,000 shares at $12 par. After the split, what was the par and n
iragen [17]
I would say that the answer is C but idk
3 0
3 years ago
Read 2 more answers
Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate
Over [174]

Answer:

A. The Supply Curve shifts Right.

As American Producers are paying less in dollar terms, their costs of production will reduce. The reduction in Cost of Production will spur producers to produce even more because inputs are cheaper and more will be bought and processed and so the Supply will increase and shift the Supply Curve left.  

B. Aggregate Demand Curve shifts Right.

As a result of more money being in the Economy, more people will want to lend out the excess cash they have to earn some interest on it. This will reduce the cost of borrowing and will therefore spur people to borrow more to be able to afford things they want. With the people having more money, they will buy more things therefore upping Demand. The Demand Curve will shift to the Right as a result.

C. Supply Curve shifts Left

Wages are an input into Production. Should they increase that would mean that the cost of Production has risen as well for Producers. They will respond by reducing the amount of goods they produce so as to maintain Profitability and reduce those costs. This will cut supply and shift the Supply Curve to the left.

D. Movement along Short Run Aggregate Demand Curve

Aggregate Demand Curve is constructed based on the demand of the Economy at different prices levels. Should the Price Level decrease it is simply a movement along the Aggregate Demand Curve.

4 0
3 years ago
A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit. The management forecasts 15%
lana66690 [7]

Answer:

Budgeted sales= $86,140

Explanation:

Giving the following information:

A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit.

<u>The budgeted sales are calculated by multiplying the sales in units with the selling price per unit:</u>

Budgeted sales= 7,300*11.8= $86,140

6 0
4 years ago
Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the countr
Kitty [74]

Look at the country’s GDP. The country’s unemployment rate. The spending power of each citizen livingin that country. Also the inflation of there money.


8 0
4 years ago
Other questions:
  • "when learning about how organizational buyers​ buy, what marketing management activity is taking​ place?"
    10·1 answer
  • The debt has an interest rate of 8.50% (short term) and 10.50% (long term). The expected rate of return on the company's shares
    11·1 answer
  • What is meant by bonded warehouse?
    11·1 answer
  • Rodrigo is in charge of employee recruitment and selection for a large national bank. During the selection process, Rodrigo cons
    11·1 answer
  • The Phillips curve exhibits A. the situation where cyclical unemployment becomes zero. B. the relationship between the unemploym
    13·2 answers
  • Danny "dimes" donahue is a neighborhood's 9-year-old entrepreneur. his most recent venture is selling homemade brownies that he
    8·1 answer
  • Agribusiness firms that transport agricultural commodities, processed foods, and manufactured food products between different pa
    10·1 answer
  • If fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130, what is the amount of sales
    12·1 answer
  • Javier represents Marcus, who's selling his rental property to Ben. Ben is represented by another real estate licensee, Francis.
    9·1 answer
  • Current account and ______ account are the two major components of a statement that summarizes all debit and credit transactions
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!