All categories

3 years ago

The operating cycle of a company is the average time that is required to go from cash to.

1 answer:

3 0

A company's operating cycle refers to the average time that is required to go from cash to: cash in producing revenues.

<h3>What is an operating cycle?</h3>

An operating cycle can be defined as the average time that it takes a company or business organization to buy goods, sell these goods and generate revenue (cash) from the sales of the goods.

This ultimately implies that, an operating cycle is simply the average time that is required to go from cash to cash in producing revenues, especially from the sales of the goods.

Read more on here: brainly.com/question/16945776

You might be interested in

Make a _____ _____ _____ before selecting the stock best suited for your project.

egoroff_w [7]

Answer:

Judgement

Explanation:

The stock valuation is very important before buying any stock. It is important that stock holders analyses the stocks performance before making a decision to buy or sell. The analysis can be done by the past trends and forecasting future performance.

5 0

3 years ago

Machine A costs $9,500 and has an annual operating cost of $5,500. Machine B costs $8,000 and has an annual operating cost of $5

Stolb23 [73]

Complete Question:

Machine A costs $9,500 and has an annual operating cost of $5,500. Machine B costs $8,000 and has an annual operating cost of $5,800. Each machine has an economic life of 8 years. What is the annual rate of return the additional investment in machine A?

Answer:

IRR is 11.81%

Explanation:

<u><em>We have to find the annual rate of return on the additional investment in machine A.</em></u> The additional investment can also be termed as incremental investment which is $1,500 ($9,500 - $8,000). Furthermore, the additional cost savings of operating machine A is $300 ($5,500 - $5,800). And this cost savings will be during the life span of the machine A.

Now

We can compute IRR, by using Excel as under:

5 0

3 years ago

Help plz <br>What is persuassive writing?<br>

Alex17521 [72]

Answer: something to like negotiate someone to do something and give good reasoning

Explanation: for example, someone would want to dye their hair and they would write a letter to their mom saying why their mom should let them dye their hair

3 0

3 years ago

Cooke Corporation reports that at an activity level of 7,000 units, the total variable cost is $590,730, and the total fixed cos

Hoochie [10]

Answer:

$971,919

Explanation:

Given:

For activity level = 7,000 units

Total variable cost = $590,730

Total fixed cost = $372,750

Now,

Variable cost per unit = $\frac{\textup{Total variable cost }}{\textup{Activity level}}$

Variable cost per unit = $\frac{\textup{590,730}}{\textup{7,000}}$

Variable cost per unit = $84.39

The fixed cost remains the same irrespective of the number of units produced

Therefore,

The total cost for activity level of 7,100 unit

= Total variable cost for 7,100 units + Total fixed cost

= Variable cost per unit × Number of units + Total fixed cost

= ( $84.39 × 7,100 ) + $372,750

= $599,169 + $372,750

= $971,919

8 0

3 years ago

With good internal controls, the person who handles cash can also

Nitella [24]

Answer: None of the above.

Explanation:

The correct answer will be "None of the above." The person who handles cash cannot issue credits to customers on sales returns. This could be because their job function does not include this process.

The person also may not account for cash receipts to customers. They can also not account for cash purposes. This could also be because these processes are not included in the persons job function or duties.

Each job function has a clear set of duties that one can perform. Each business has different jobs for people and this particular one does not allow for the person handling cash to do anything else.

3 0

4 years ago