Comments allow you to make suggestions without changing the contents of a document.<br><br> T or F

Consider the following financial statement information for the Ayala Corporation: Item Beginning Ending Inventory $ 10,500 $ 11,

MakcuM [25]

Answer:

Cash conversion cycle = 41.67

Operating Cycle = 86.03

Explanations:

Average Invetory = (10500 + 11500)/2 = 11,000.00

Average accounts receivable(AR) = (5500 + 5800)/2 = 5,650.00

Average Accounts payable (AP)= (7700 + 8100)/2 = 7,900.00

Credit Sales = 85,000.00

AR Turnover = 85000/5650 = 15.04

Days sales outstanding = 365/ 15.04 = 24.26

Cost of goods sold = 65,000.00

AP turnover = 65000/7900 = 8.23

Days payable outstanding = 365/8.23 = 44.36

Inventory turnover= 65000/11000 = 5.91

Days inventory O/S = 365/5.91 = 61.77

Cash conversion cycle = Days Inventory outstanding + days Sales o/S - Days Payable O/S = 61.77 + 24.26 - 44.36 = 41.67

Operating Cycle = Days' Sales of Inventory + Days Sales Outstanding 61.77 + 24.26 = 86.03

6 0

3 years ago

In order to lower his monthly auto insurance bill, Henry has decided to change his existing policy by increasing the deductible

denis23 [38]

Answer:

The correct option is option a which is $12.48.

Explanation:

As the deductible for the collision is given as $50.00

where as the value for the Comprehensive is given as $43.79

Now when both the values are considered as similar thus the difference is given as $50.00-$43.79=$6.24

Now as the difference can appear in either way so by 2 instances, the values are $6.24*2=$12.48

6 0

3 years ago

A member firm receives a large block order to buy 100,000 shares of XYZ stock, which is not actively traded. Which customer(s) o

Snowcat [4.5K]

Answer:

Other customers of the firm who place buy orders, if the firm has information barriers in place.

Explanation:

FINRA has strict rules against front running, and this is the process by which interested parties place orders for shares beforehand because they have insider information on how a share is going to perform in the future.

This rule is binding on any registered representative.

However if the firm has information barriers in place, any other customers that places a buy order will be assumed not to have insider knowledge of the share's expected performance. The FINRA rule is not binding on them.

3 0

4 years ago

Zach is a franchisee with Digger's Doggies, a chain of hotdog shops. He was doing well until several other Digger's Doggies fran

katrin2010 [14]

Answer: C. the coattail effect.

Explanation: Coattail effect refers to situations in which the actions of other franchises in one way or the other affects the success or failure of one particular franchise's business.

7 0

3 years ago

Read 2 more answers

which of the following is true of the equilibrium price of a good or service A there is no incentive for the price to change at

lys-0071 [83]

Answer:

B it occurs where the market demand and supply curves intersect.

Explanation:

The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.

In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.

6 0

3 years ago

Comments allow you to make suggestions without changing the contents of a document. T or F