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3 years ago

14

Clark corporation has an average collection period of 7 days, an inventory conversion period of 30 days, and a payables deferr

able period of 60 days. what is clark's cash conversion cycle?

1 answer:

Mamont248 [21]3 years ago

4 0

Clark's cash conversion cycle is 37 days.

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Licemer1 [7]

Answer:

A memorandum is a form of communication within a company.

Explanation:

When a company has a large staff working on it, it is very common to use a memorandum or memo.

It is a quick and easy way to remind someone of a task they have to do.

The structure of the memorandum should be as follows:

Memorandum:

To: Sara, Organization Department.

From: Marcus, Organization Department.

Date: 05/04/2020

Re: Supplies for the Football Tournament.

_________________________________________________

Sara, please don't forget to order the balls and shirts missing for the football tournament.

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3 years ago

You are comparing two annuities with equal present values. The applicable discount rate is 6.5 percent. One annuity will pay $2,

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Answer:

the annual payment for the second annuity is $2,130 paid at end of every year

Explanation:

We have following information for 1st annuity:

Rate: 6.5%

Payment (PMT): -$2,000, paid at beginning of every year

Tenor (Nper): 20 years

We use excel to calculate the present value of annuity = PV(rate,Nper,PMT,,1)

=PV(6.5%,20,-2000,,1) = $23,469

Then we calculate the payment for 2nd annuity = PMT(rate,Nper,PV,,0)

=PMT(6.5%,20,23469,,0) = -$2,130

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3 years ago

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aalyn [17]

Answer: a. Chapter 7

Explanation:

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3 years ago

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Answer:

Effect of Transaction on Cash Flows

Effects Amount

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2. Cash Receipt $252,000 (12000*$21)

3. Cash Receipt $91,400

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5. Cash Payment $86,000

6. Cash Receipt $188,100 (190,000*0.99)

7. Cash Payment $353,400 (6,200*$57)

8. Cash Payment $36,100 [1.90*(23,000-4,000)]

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3 years ago

For the last five years, the HR manager at Fresh Foods has been asking all applicants to appear for a test. The HR manager now i

Troyanec [42]

Answer:

The correct answer is predictive validity test.

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A predictive validity test is carried out in order to predict the performance that a collaborator will have in the future. With this dynamic, it is ensured that an honest employee is hired, and that he always acts under the rules of the organization to which he will belong. In general, there are discrepancies compared to what many people can do under certain circumstances, and this test is precisely what they want to know about the performance under different scenarios.

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3 years ago

Read 2 more answers