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Juliette [100K]
3 years ago
11

Which of the following is NOT true of the cash conversion​ cycle?

Business
1 answer:
faltersainse [42]3 years ago
4 0

Answer:

C. Cash Conversion Cycle​ = Production Cycle​ + Collection Cycle​ + Payment Cycle

Explanation:

At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.

Cash conversion cycle (CCC) describes the amount of days a company requires  to convert its investments into cash flows from sales.

Production Cycle​ and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.

The alternative C. Cash Conversion Cycle​ = Production Cycle​ + Collection Cycle​ + Payment Cycle is NOT true

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Answer:

1. Product (Indirect); Factory Overhead; Conversion

2. Period Cost

3. Product (Indirect); Factory Overhead; Conversion

4. Period Cost

5. Period Cost

6. Product (Indirect); Overhead; Conversion

7. Product (Direct); Direct Labor; Prime and Conversion

6 0
3 years ago
Treasury stock that had been purchased for $4,566 last month was reissued this month for $5,184. What would the journal entry to
miss Akunina [59]

Answer:

The answer can include both C and D. Description below.

Explanation:

We make the following records.

The treasury stock was reissued at a premium of 5184 - 4556 = $628

Since treasury stock is  credit account by nature we debit  to reduce it by the Amount of $4,566

$628 is to be credited to the paid in capital as this is premium received in excess of par value of the stock. Since there is no mention of premium or paid in capital account we may credit the Excess of Par/Common.

Hope that helps.

7 0
4 years ago
At December 31, the records of Nortech Corporation provided the following selected and incomplete data:Common stock (par $1; no
solmaris [256]

Answer:

The following balances have been worked out from the information given in question;

Explanation:

No. of Common stocks issued     $200,000/22         9,091

Paid in capital-Common Stocks               9,091*(22-1)  $90,909      

No. of Treasury Stock                                                         3,000

Treasury stock            3,000*20                                         $60,000      

EPS   =$147,750/(9,091 -3,000)                                          $24

Retained Earnings ($155,000+$147,750-$49,250)           $253,500

                                                 

4 0
3 years ago
One important step in making decision is considering the impact on your lifestyle
kkurt [141]

And what do You want to know?

7 0
3 years ago
The ________ outlawed the paying of bribes to foreign government officials to gain business. Group of answer choices Convention
nekit [7.7K]

Answer:

Hello There!!

Explanation:

I think the answer is The Foreign Corrupt Practices Act.

hope this helps,have a great day!!

~Pinky~

5 0
3 years ago
Read 2 more answers
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