The dollar-weighted annual yield for this nine-month period is -2.7%.
<u>Solution:</u>
The investment of deposit on April 1 (Feb, March = 2 months)
The investment of deposit on May 1 (Feb, March, April = 3 months)
Therefore, Dollar-weighted annual yield for this nine-month period,
On plugging-in the values,
In percentage notation,
Answer:
Option (D) is correct.
Explanation:
Inventory conversion period:
= (365 days × Inventory) ÷ Cost of goods sold
= (365 days × 4,500) ÷ 30,000
= 54.75
Average collection period:
= (365 days × Accounts receivable) ÷ sales
= (365 days × $1,800) ÷ 45,000
= 14.60
Payable deferral period:
= (365 days × Accounts payable) ÷ COGS
= (365 days × $2,500) ÷ 30,000
= 30.42
cash conversion cycle:
= Inventory conversion period + Average collection period - Payable deferral period
= 54.75 + 14.60 - 30.42
= 38.93 or 39 days
Its probably C. The other answers are highly unlikely.
Answer:
Nominal rate of return= 0.0596 = 5.96%
Explanation:
Giving the following information:
Inflation averaged 3.46%
The real rate of return was 2.5%
<u>To calculate the nominal rate of return, we need to use the following formula:</u>
Real rate of return= nominal rate of return - inflation rate
Nominal rate of return= real rate of retunr + infaltion rate
Nominal rate of return= 0.0346 + 0.025
Nominal rate of return= 0.0596 = 5.96%
