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barxatty [35]
3 years ago
7

A company currently has a 51 day cash cycle.Assume the firm changes its operations such that it decreases its receivables period

by 2 days,increases its inventory period by 3 days,and increases its payables period by 4 days.What will the length of the cash cycle be after these changes?
A) 42 days
B) 45 days
C) 48 days
D) 49 days
E) 51 days
Business
1 answer:
Ganezh [65]3 years ago
5 0

Answer:

E) 51 days

Explanation:

Calculation of length of the cash cycle after the changes.

As given:

Current cash cycle = 51 days.

Decreases its receivables period by 3 days

Increases its inventory period by 4 days.

Increases its payables period by 1 day.

Hence,

Cash cycle = 51 days - 3 days + 4 days- 1 day

Cash cycle = 51 day

Therefore the cash cycle after the changes will be 51 days

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Three numbers are in the ratio of 3:5:7. If the largest number is multiplied by 3, the result is 26
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During July, the production department of a process operations system completed and transferred to finished goods 10,000 units t
sattari [20]

Answer:

5.602786

Explanation:

Units completed:

= 100% of (76,000 + 10,000)

= 86,000

Closing units:

= 25% of 15,000

= 3,750

Equivalent units = Units completed + Closing units

                           = 86,000 + 3,750

                           = 89,750

Opening cost = 52,100

Cost during the year = 450,750

Total cost = Opening cost + Cost during the year

                = 52,100 + 450,750

                = 502,850

Direct labor cost per equivalent unit:

= Total cost ÷ Equivalent units

= 502,850 ÷  89,750

= 5.602786

7 0
3 years ago
5) What is the main idea of this passage? A) In order to help preserve and protect our environment, builders should construct mo
Anna35 [415]

Answer:

In order to help preserve and protect our environment, builders should construct more "green" buildings.    

Explanation:

The reason is that the greener planet is only possible if whatever we do doesn't harms our present and future environment and this is only possible if the operations of businesses and individuals are greener. So the main idea was that the businesses must move to greener planet which in other words was sustainability. Sustainability is meeting present generation needs without compromising future generation needs.

5 0
3 years ago
Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this
LekaFEV [45]

Answer:

Demand for

Increase

Explanation:

A normal good is a good whose demand increases when income rises and whose demand falls when income falls.

So if income is rising, the demand for the lettuce should increase.

I hope my answer helps you

5 0
3 years ago
Percival Hygiene has $10 million invested in long-term corporate bonds. This bond portfolio's expected annual rate of return is
BartSMP [9]

Answer:

Explanation:

a)We find the portfolio weights first. For a two security portfolio

sP^2 = x_1^2s_1^2 + 2x_1x_2s_1s_2r_1_2 + x_2^2s_2^2

(0.10)^2 = 0 + 0 + x_2^2(0.16)^2

 x2 = 0.625 and x1 = 0.375

Then

rp = x1r1 + x2r2

rp = (0.375 ´ 0.06) + (0.625 ´ 0.14)

  = 0.11

 = 11.0%

Hence, he can improve the expected rate of return without any change in the risk of the portfolio.

b)

The expected return is:

rp = x1r1 + x2r2

rp = (0.5 *´ 0.09) + (0.5 ´* 0.14)

= 0.115 = 11.5%

sP^2 = x_1^2s_1^2 + 2x_1x_2s_1s_2r_1_2 + x_2^2s_2^2

sP2 = (0.5)^2(0.10)^2 + 2*(0.5)(0.5)(0.10)(0.16)(0.10) + (0.5)^2(0.16)^2

sP2 = 0.0097

sP = 0.985 = 9.85%

Hence, he can never perform better by investing equal amount in bond portfolio and index fund. The expected return increases to 11.5% and standard deviation decreases to 9.85%.

4 0
3 years ago
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