A.Tammy's little sister starts visiting online chat rooms to make friends
Answer:
148.02 days
Explanation:
The computation of the cash conversion cycle is shown below:
As we know that
Cash conversion cycle is = Days inventory outstanding + days sale outstanding - days payable outstanding
where,
Number of days inventory outstanding is
= Average inventory ÷ cost of goods sold per day
= $75000 ÷ ($360,000 ÷ 365 days)
= 76.04 days
Number of days sales outstanding is
= Average account receivable ÷ Average sales per day
= $160,000 ÷ ($600,000 ÷ 365)
= 97.33 days
And, the number of days payable outstanding is
= Average accounts payable ÷ cost pf goods sold per day
= $25,000 ÷ ($360,000 ÷ 365)
= 25.35 days
So, the cash conversion cycle is
= 76.04 days + 97.33 days - 25.35 days
= 148.02 days
The False statement about Franchisee is " Franchisee is a method of distributing products or services involving a franchisor "
To find the False statement , we need to know more about Franchisee .
<h3>What is
Franchisee?</h3>
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.
Franchisee in Territorial Rights:
Whether or not the franchisee is granted a form of territorial protection wherein, for example, the franchisor will not grant competing franchises. Typically franchisees will be granted an operating territory within which they are required and restricted to conduct the operations of their franchise business.
The franchise agreement will define where the franchisee may operate the franchised business, who the franchisee may or may not sell products or service to and any protection that may be afforded to franchisee regarding his or her territory.
Thus, we can conclude that the above statement is Typically, the franchisee determines the territory to be served by the franchise is False.
Learn more about Franchisee on:
brainly.com/question/16826168
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The answer is Gross National Income or GNI. It is the overall product and services earnings of people inside and outside the country, including businesses. Thus, the overseas earnings of Americans all over the world is also a part of GNI.
