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Elina [12.6K]
3 years ago
9

If a firm has a cash cycle of 30 days and an operating cycle of 64 days, what is its average payment period

Business
1 answer:
elixir [45]3 years ago
5 0

Answer: 34 days

Explanation:

The average payment period is a measure that is used to show the time the firm takes on average to pay its creditors.

The formula is:

Cash cycle = Operating cycle - Average payment period

30 = 64 - APP

APP + 30 = 64

APP = 64 - 30

APP = 34 days

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Tucker's Trucking is considering a project with a discounted payback period just equal to the project's life. The projections in
Vinil7 [7]

Answer:

Break-even quantity= 9520 units

Explanation:

Giving the following information:

The projections include a sales price of $39.

Variable costs per unit of $14.

Fixed costs of $238,000.

The operating cash flow is $24,300.

Break-even quantity= Fixed costs/contribution margin

Break-even quantity= 238000/(39-14)= 9520 units

4 0
3 years ago
The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward
Sliva [168]

Answer: B. Fundamental weighting.

Explanation:

A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.

Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.

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3 years ago
Crumbie, a cereal company, not only provides nutritional information on the packaging box of its products but also goes a step a
omeli [17]

The answer is: Consumerism

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7 0
3 years ago
Bramble Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear
Dima020 [189]

Answer:

The break even in dollars is $23000000

Explanation:

The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.

Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B

Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5  = 0.37

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3 0
3 years ago
Each month, an airline sells 1,500 business-class tickets from London to Paris at $200 a ticket, and 6,000 economy-class tickets
Dahasolnce [82]

Answer:

For business travellers Qb = 3,500 - 10pb

P = 350 - .1Q

And ,for tourists it is Qt = 22,000 - 200 pt

P = 110-Q ÷ 200

Explanation:

Let us assume the demand curve be Q_i = a_i - b_i p_i

Also at the equilibrium point, MR = MC

So

\frac{a_i - 2Q_i}{b_i } = 50

Now solving these equations

a_i = \frac{Q_i (2p_i - 50)}{p_i - 50} \\\\ b _i = \frac{Q_i }{p_i - 50}

Now putting these values

So,

For business travellers Qb = 3,500 - 10pb

P = 350 - .1Q

And ,for tourists it is Qt = 22,000 - 200 pt

P = 110-Q ÷ 200

Hence, these are the answers that are shown above

6 0
3 years ago
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