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3 years ago

Which of the following companies is most likely to have a negative Cash Conversion Cycle?

Business

1 answer:

Veseljchak [2.6K]3 years ago

3 0

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.

So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

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Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspe

crimeas [40]

Answer:

1. Does it mean if I have been taught any financial information?

This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud

Explanation:

Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspect of the financial services, insurance, securities or real estate industries or any other licensed industry or profession?

1. Does it mean if I have been taught any financial information?

This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud

2. I have worked as a teller. then do I have to say yes??

YES, but what they want to know is ''while you were a teller did you receive any query for fraud'' or have you been sanctioned for acting wrongly because you wanted financial gain? Did you change records to show an improved picture?

3. Is this question a positive question or negative?

This question is positive because it shows you are seeking for an opportunity for work or travel.

6 0

3 years ago

Read 2 more answers

Southern Wear stock has an expected return of 15.1 percent. The stock is expected to lose 8 percent in a recession and earn 18 p

kari74 [83]

Answer:

15.26%

Explanation:

Given:

Expected return = 15.1% = 0.151

Expected loss in recession = - 8% = - 0.08 [negative sign depicts loss]

Expected earning in a boom = 18% = 0.18

Probabilities of a recession = 2% = 0.02

Probabilities of a normal economy = 87% = 0.87

Probabilities of a boom = 11% = 0.11

Now,

Expected return = ∑ (Probability × Return)

0.151 = 0.02 × ( - 0.08) + 0.11 × 0.18 + 0.87 × Return on normal economy

0.151 = - 0.0016 + 0.0198 + 0.87 × Return on normal economy

0.151 - 0.0182 = 0.87 × Return on normal economy

Return on normal economy = 0.1526

= 0.1526 × 100%

= 15.26%

4 0

3 years ago

Demur Inc., a manufacturing company, has provided the following data for the month of April. The balance in the Work-in-Process

Verizon [17]

Answer:

$135,400

Explanation:

Given that,

Beginning Work-in-Process Inventory = $10,800

Ending Work-in-Process Inventory = $22,800

Direct materials cost = $63,800

Direct labor cost = $39,800

Actual manufacturing overhead cost = $40,800

Manufacturing overhead cost applied to Work-in-Process = $43,800

Prime cost = Direct materials cost + Direct labor cost

= $63,800 + $39,800

= $103,600

Factory cost = Prime cost + Manufacturing overhead cost applied

= $103,600 + $43,800

= $147,400

Cost of goods manufactured for April:

= Factory cost + Beginning Work-in-Process Inventory - Ending Work-in-Process Inventory

= $147,400 + $10,800 - $22,800

= $135,400

6 0

3 years ago

The digital system usually operated on?

PtichkaEL [24]

Answer:

The answer to the question is Binary

7 0

3 years ago

Convexity implies that duration predictions: I. Underestimate the percentage increase in bond price when the yield falls. II. Un

mestny [16]

Answer:

The correct answer is I. Underestimate the percentage increase in bond price when the yield falls; IV. Overestimate the percentage decrease in bond price when the yield rises.

Explanation:

Convexity is the relationship between price and profitability of a bond. The duration has to do with the period in which the bonds mature, where some variables such as redemptions are taken into account in order to finally be able to measure the risk of changes in interest rates.

7 0

3 years ago