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
Which of the following statements concerning a bank savings account is false? a. Deposits are insured for at least $100,000. b.
cricket20 [7]

Answer:

The correct answer is C

Explanation:

Savings account is the kind of deposit account which is held at the retail bank and that pays the interest but cannot be use directly as money is at the narrow sense of the medium of exchange.

This account help the customers or people to set aside the portion of their liquid assets when earning a monetary return. And this account does not charge any fee for depositing as well as cashing the paycheck into the saving account.

Therefore, the statement which is false is that the customer have to pay a fee for depositing or cashing.

6 0
3 years ago
Irene enjoys problem solving and figuring out how things work. In her workplace, when there are technical issues, many of her co
madreJ [45]

Answer:

The answer is Option B) Irene likely uses <u>Technical Reasoning</u> at the <u>Use first</u> level

Explanation:

Technical reasoning is defined as an aptitude, ingenuity, and affliction for solving practical problems through experience.

The person who uses the Technical pattern on a Use First basis seeks to problem-solve, build or do things hands on to experience what is going on.

Technical Reasoning refers to the pattern which describes the way we seek relevant real world experiences and practical answers. This pattern is the pattern of the fewest words

4 0
3 years ago
Read 2 more answers
arn​ Basket, Ltd., sells​ hand-knit scarves. Each scarf sells for​ $40. The company pays​ $150 to rent a vending space for one d
spayn [35]

Answer:

The total revenue needed to break even is $206.90 per day

Explanation:

The break even point of revenue is the total revenue earned by the firm where total revenue equals total cost and there is no profit or no loss. The break even in dollars can be calculated using the following formula,

Break even in dollars = Fixed cost / Contribution margin ratio

Contribution margin ratio = (Selling price per unit - variable cost per unit) / Selling price per unit

Contribution margin ratio = (40 - 11) / 40 = 0.725 or 72.50%

The fixed cost per day is the cost of the vending space of $150.

Break even in dollars = 150 / 0.725   = $206.896 rounded off to $206.90

8 0
2 years ago
Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem
Ivanshal [37]
<span>One part of Henry Clay's proposed American system to bring about economic improvement included support for a high tariff, the intent of which was to protect American industries while also generating revenue for the federal government.</span>
3 0
2 years ago
What most likely will happen if the pie maker continues to make additional pies? the marginal costs will continue to rise, incre
Over [174]
<span>The most probable thing that will happen if the pie maker keeps making additional pies is this: the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit. This is to assume that no buyer is interested in purchasing the pies at a certain period of time. </span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • Please i need your help guys!
    11·1 answer
  • at the end of the year, the walt disney company has a profit of $920 million. this profit belongs to which of the following grou
    15·1 answer
  • Question 2b<br> Short answer please its only for 2 marks
    6·1 answer
  • When using discounted cash flow analysis for valuation, the appraiser must estimate the sale price at the end of the expected ho
    15·1 answer
  • 1)Foreign Direct Investment is the ________ approach that a business can reach the global market. a.least risky b. fastest c.eas
    7·1 answer
  • Ramirez Company is completing the information processing cycle at its fiscal year-end on December 31. Following are the correct
    11·1 answer
  • What is AIA Invoicing​
    14·1 answer
  • As project manager, Gabriella has discovered a major problem that could affect the remainder of the project.
    5·1 answer
  • As an economic concept, scarcity applies
    15·2 answers
  • What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!