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Pani-rosa [81]
3 years ago
5

The financial information for Pear Company is provided below: Sales $2.8 million Cost of goods sold $2.3 million Purchases $2.1

million Average receivables $0.6 million Average inventory $0.5 million Average payables $0.2 million The company's cash conversion cycle is closest to: (Choose the closest one.) Select one: A. 122 days B. 192 days C. 129 days D. 114 days
Business
1 answer:
WINSTONCH [101]3 years ago
6 0

Answer:

A. 122 days

Explanation:

The computation of the cash conversion cycle is shown below:

= DAys sales outstanding + days inventory outstanding - days payable outstanding

where

Days sales outstanding is

= 365 ÷ $2.8 ÷ $0.6

= 78.16 days

The days inventory oustandings is

= 365 ÷ $2.3 ÷ $0.5

= 79.35 days

And, the days payable outstanding is

= 365 ÷ $2.1 ÷ $0.2

= 34.76 days

Now the cash conversion cycle is

= 78.16 days + 79.35 days - 34.76 days

= 122.75 days

= 122 days

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Managerial accounting information is generally prepared for a. shareholders b.creditors c.managers d.regulatory agencies
amm1812

Answer:

Correct option is (c)

Explanation:

Managerial accounting reports are prepared for the internal use by managers within different departments in the organization. They may or may not be published for external users like creditors or customers.

These reports need not comply to any established authorities like GAAP or IFRS. They are used by managers for various decision making purposes, so they can be prepared as per the manager's convenience.

8 0
3 years ago
Palin Inc., an electronics manufacturer, is headquartered in Texas. The firm shifted its operations from Texas to China due to l
Fittoniya [83]

Answer: Offshoring.

Explanation:

Palin Inc., is involved in Offshoring by taking their production operations from the U.S of America to China where they can get cheap and quality labor. Offshoring occurs when a production company changes their industry site to a new location, which posseses quality and cheaper labor than their original location.

3 0
3 years ago
Reginald owns a grocery and his clerks are on strike. Reginald is trying to operate the store with the help of his manager, but
Nata [24]

Answer:

merge law and equity

Explanation:

In resolving labour related or welfare issues the best way to do so will be to hear the grievances of the striking workers and try to find an equitable solution to the situation.

However if all reasonable avenues have been pursued and they still don't want to comply, then legal measures can be taken to make them work.

In this scenario Reginald should call the striking workers and try to come to an equitable solution for the business and workers where there will be a win-win.

If this does not work he can use the law to compel them to comply.

7 0
3 years ago
Alec just received his Florida broker license. Assuming the Real Estate Recovery Fund balance is at $400,000, how much of his li
Ratling [72]

The amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>

<h3>
What is the real estate license fee?</h3>

The real estate license fee in Florida costs $83.75.  This amount is paid to the Florida Real Estate Commission (FREC).

FREC is the government office regulating real estate education and licensure in Florida.  FREC is under the supervision of the Florida Department of Business and Professional Regulation (DBPR).

License fees of $3.50 are imposed as soon as the Real Estate Recovery Fund drops below $500,000.

Thus, the amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>

Learn more about real estate license fees at brainly.com/question/26067240

8 0
2 years ago
Q: In about 200 words, write an essay analyzing the STEEPLE Module .
Kaylis [27]

The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.

<h3>What is the STEEPLE model?</h3>

This is an analysis model in which each letter represents a factor to be analyzed:

  • Social
  • Technology
  • Economic
  • Environmental
  • Political
  • Legal
  • Ethical

<h3>What is an example of this model?</h3>

Let's analyze a war between two countries:

  • Social: The families are negatively affected by the war.
  • Technology: Weapons and other technologies are used as part of the war.
  • Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.
  • Environmental: There is pollution due to waste derived from weapons.
  • Political: Most wars are the result of political conflicts.
  • Legal: There are specific international rules that regulate wars.
  • Ethical: The use of weapons against a population rises ethical concerns and dilemmas.

Learn more about analysis in: brainly.com/question/5040600

4 0
2 years ago
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