1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashcka [7]
3 years ago
14

Kurt's entertainment has a receivables turnover rate of 14.8, a payables turnover rate of 10.4 and an inventory turnover rate of

22.6. what is the length of the firm's operating cycle?
Business
1 answer:
ruslelena [56]3 years ago
3 0

The firm’s operating cycle is equivalent to the sum of the total number of days of a cycle of the receivables turnover and the inventory turnover.

Receivables turnover = 365 days / 14.8 = 24.66 days

Inventory turnover = 365 days / 22.6 = 16.15 days

Operating cycle = 24.66 days + 16.15 days = 40.81 days

<span>Answer: 40.81 days</span>

You might be interested in
One year ago, you purchased 300 shares of Southern Cotton at $32.60 a share. During the past year, you received a total of $280
Harlamova29_29 [7]

Answer:

Total Return on investment=12.678%≅12.68%

Explanation:

Given;

Number of Shares= 300

Purchasing price of each share=$32.60

Total Dividends= $280

Selling price of each share= $35.80

Find:

Total Return on investment=?

Solution:

Total Return on investment=\frac{(Selling\ Price-Purchase\ Price + \frac{Total\ Dividends}{Shares})}{Purchase\ Price}

Total\ Return\ on\ investment=\frac{\$35.80-\$32.60 +\frac{\$280}{300}}{\$32.60} \\

Total Return on investment=0.12678

In Percentage:

Total Return on investment=12.678%≅12.68%

3 0
3 years ago
Scenario: Home Monopolist) A monopolist faces a demand curve given by P = 60 2Q and has total costs given by TC = Q2. Its margin
enyata [817]

Answer:

2Q

Explanation:

Economy equilibrium is where MC = MR.

Marginal cost equals marginal return when the supply and demand is linear. Consumer surplus is the additional amount that a consumer is willing to pay for the goods and services. Here MC = 2Q and MR = 60 + 4Q. Here consumer is paying 2Q additional in the equation of marginal return.

6 0
3 years ago
A department manager recently launched a new initiative so the members of her department can more easily present innovative idea
maw [93]

Answer:

all r true

both

hope I helped

5 0
2 years ago
If you write a check for an amount greater than your account balance, the result will be _______.
Salsk061 [2.6K]
<span>the result will be an overdraft </span>
7 0
3 years ago
What is most likely to have a negative effect on<br> domestic small business growth
xxTIMURxx [149]

Answer:

Restrictive loan policies, taxes

Explanation:

5 0
3 years ago
Other questions:
  • According to the FBI Bank Crime​ Statistics, there were nearly​ 4,000 bank robberies in the United States in 2014. The FBI claim
    8·1 answer
  • A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000. The
    7·1 answer
  • Thornton Industries began construction of a warehouse on July 1, 2018. The project was completed on March 31, 2019. No new loans
    14·1 answer
  • Your client's investment portfolio is 50% growth stocks, 10% foreign stocks, and 40% blue-chip stocks. If the client is interest
    11·1 answer
  • The _____ performance management method requires managers to rate the frequency with which an employee has exhibited a behavior
    14·1 answer
  • As sole heir, Gascon receives all of Lafayette's property (adjusted basis of $15,700,000 and fair market value of $16,900,500).
    7·1 answer
  • Which loan type requires you to make loan payments while you’re attending school?
    9·1 answer
  • Several years ago, Cayuga Capital acquired a $1 million insurance policy on the life of its chief executive officer, naming Cayu
    8·1 answer
  • Describe the main differences for revenue spending between ""for profit"" companies and ""not for profit"" companies. Describe h
    6·1 answer
  • Naging malinis ang daan saoanahon ng batas militar​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!