Answer:
71 days
Explanation:
Length of cash cycle = days of inventory on hand + days of sales outstanding - days of payables
days of sales outstanding = number of days in the period / receivable turnover
360 / 18 = 20
Answer:
The correct answer here would be option C) 16.5%.
Explanation:
For taking out the common size amount for gross accounts , formula is -
Gross account receivables / Total assets
Gross account receivables = net account receivables - allowance for doubt
full debts
= $486.6 + $7.2
= $493.8
Given -
Gross account receivables = $493.8
Total assets = $2984.1
Putting these values in the formula -
$493.8 / $2984.1
= 16.5%
Answer:
ok
Explanation:
every one
it was not a hard question
hahahahahahahaha
According to rational choice theory, individuals use their self-interests to make choices that will provide them with the greatest benefit.