Answer:
Cold Chiller Corporation (CCC)
Investment in cash conversion cycle:
= $10 million x 60% = $6million
which is invested for 145 (80 + 35 + 30) days before being realized as cash.
Explanation:
The cash conversion cycle (CCC) is a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. It gives us an indication as to how long it takes a company to collect cash from sales of inventory. Often a company will finance its inventory instead of paying for it with cash up front.
The formula for the Cash Conversion Cycle is:
CCC = Days of Sales Outstanding PLUS Days of Inventory Outstanding MINUS Days of Payables Outstanding.
CCC = DSO + DIO – DPO.
Days of Sales outstanding:
DSO = [(Beginning Accounts Receivable + Ending Account Receivable) / 2] / (Revenue / 365)
Days of Inventory Outstanding:
DIO = [(Beginning Inventory + Ending Inventory / 2)] / (COGS / 365)
Operating Cycle = DSO + DIO.
Days of Payables Outstanding:
DPO = [(Beginning Accounts Payable +Ending Accounts Payable) / 2] / (COGS / 365)
Answer:
whats up yall its nicki minaj ROACHES shes a mammoth of course d8k in your faceeeeeee
STOOPID F88KING DINOSAUR um chile anyways so But why yalls got to lieeeeeeeeeeeeeeeeeeeeeeeeeee
Explanation:
Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.
A) reduce the rate of customer defection
B) make low-profit customers more profitable
C) enhance the growth potential for each customer through cross-selling
D) increase the longevity of the customer relationship
E) focus disproportionate effort on high-value customers
Answer:
B) make low-profit customers more profitable
Explanation:
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.
The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.
Answer:
a. Lexington can allow for Mr. Wilcox’s continued enrolment for up to 12 months whether or not he is in a visitor/traveller (V/T) program.
Explanation:
Private - Fee - For - Similar Plans is much similar like the original medicare plans. This is provided through a private health insurance company.
In the given instance, Mr. Wilcox plans to relocate near his children, who live in some other state.
As he will move to another service area, he shall simply not be disabled to claim the benefits of PFFS. Further, the insurance company can still cover him for another 12 months, even if he does not choose to visit the current service area as traveller in upcoming 12 months.
Answer:
serve only as investors
Explanation:
A limited partner is an important source of capital for the business. Usually, a limited partner does not participate in managing the day to day business activities. They do not act as agents of the business and have no voting rights. Because of these reasons, limited partners are also known as silent partners.
A Limited partner is more of an investor in the business. His or her main role is to provide capital for the business. The general partners undertake the management function role for the business. A limited partner share in the business profits. The business passes its income as income of the income of its partners. Unlike general partners, limited partners have limited liabilities to the debts of the business.
