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vredina [299]
3 years ago
11

The cash conversion cycle is computed as:

Business
1 answer:
Anna [14]3 years ago
4 0

Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

                             AMOUNT OF SALES OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF INVENTORY OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF PAYABLE OUTSTANDING IN DAYS

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Family Style Seating.

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Explanation:

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3 years ago
Life, Inc. experienced the following events in Year 1, its first year of operation: Performed counseling services for $31,600 ca
nikitadnepr [17]

Answer:

The accounting equation states that "Assets=Capital Liabilities"

As a result, the  equation here gives $11250 on both sides of the question.

The profit or loss statement gives net income of $11250 as well ,while the balance sheet has $11250 total as assets, the same as equity plus liabilities.

Finally,the statement of cash flow showed increase in cash and cash equivalent in the year as $9400.

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Please find attached spreadsheet showing details regarding all the financial statements prepared in respect of Life Inc.

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7 0
3 years ago
Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted eac
bekas [8.4K]

Answer:

Answer for the question:

Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Round "Direct labor time per unit (hours)" and "Direct labor cost per hour" answers to 2 decimal places.)

is explained in the attachment.

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7 0
4 years ago
Research suggests that, on average, acquisitions increased the market value of target firms by about ________ percent and ______
denpristay [2]

Answer:

B. 25; left the market value of the bidding firms unchanged.

Explanation:

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This simply means, a target firm's market value increases by 25 percent as soon as a bidding firm shows interest in acquiring or buying it while the bidding firm' market value remains the same.

8 0
3 years ago
Tucker's Trucking is considering a project with a discounted payback period just equal to the project's life. The projections in
attashe74 [19]

Answer:

Total units will be 8845 units

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6 0
3 years ago
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