Cash conversion cycle-operating cycle

beplay体育怎么安装Managerial Accounting
Reference no: EM1348643

Junior's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory 65 days, pays its suppliers in 35 days, and collects its receivables in 15 days. The firm has a current annual outlay of $1,960,000 on operating cycle investments. Junior currently pays 10% for its negotiated financing (assume a 360 day year).

a) Calculate the firm's cash conversion cycle.
b) Calculate the firm's operating cycle
c)计算日常支出和公司的annual savings if the operating cycle is reduced by 15 days.

Reference no: EM1348643

Previous Q& A

Calculate the contribution margin ratio

Rock is sold to contractors who use the product in construction projects. Requires to increase sales by advertising. Spend $100,000 advertising campaign. Calculate the contribution margin ratio

Find out amount of access that new user needs

As a security manager for XYZ Corporation, you are asked to find out amount of access that new user needs. You contact user and ask them to help you understand what kind of access they need.

Personality traits - malleable or stable

Can an introverted person with average charisma and personality ever hope to achieve characteristics that would lead to their being described as a great leade

Short statement on mood swings

When a condition has serious effects on an individual, sometimes their life is changed to where they can hold the traditional roles of supporting themselves. At what point, if ever, should the government step in financially?

Illustrate what would need to reduce the supply of money

illustrate what would need to reduce the supply of money if Canada was an open economy with a flexible exchange rate.

The roles of the temporal and frontal lobes on behavior

Write a 500- to 750-word essay contrasting the roles of the temporal and frontal lobes on behavior. Include the types of behaviors for which each lobe is responsible, as well as the effects of heredity on the development of these behaviors.

Explain why the contract isn''t definite enough

For the reasion all these terms were omitted from the agreement and the contract is not definite enough to be valid

Specific strategies

Based on the results of a personality spectrum, what are 3 specific strategies you can implement to maximize your learning efficiency?

Fictitious academic paper

We plan a sample of 254 companies over the period 1996-1999. We find that 80% of interviewed entrepreneurs would be ready to pay an extra 4% on their loans in order to be able to borrow more.

Decision making influences

What are the most important concepts you have learned from these topics and how will these concepts impact you personally and professionally?

Reviews

Write a Review

Similar Q& A

Activity based costing in business

I am having to explain and provide detailed example of where activity base costing would be employed. I'm capable to describe ABC in length but can't come up with detailed example.

Describing rolling budget

What is a rolling budget? Why are they prepared? Describe why some types of companies would employ a rolling budget instead of a master budget.

Managerial accounting case

ACT 6691, Managerial Accounting Case: - Read the case and analyze the information. Prepare a narrative report (or notes to the income statement) addressing why/how quantitative items were selected. The following items must be explained:

Cash flow statement-cost-volume-profit measures risk

Online financial databases, like Lexis/Nexis and the Dow Jones News Retrieval Service, give data on thousands of companies. Assume you want to compare some companies' recent earnings histories. You may have the computer compare companies' returns ..

Sharpe corporation projected sales

Make a cash budget for Sharpe covering the first seven months of 2004. Sharpe has $200,000 in notes payable due in July that must be repaid or renegotiated for an extension. Will the firm have ample cash to repay the notes?

Write about the financial statement analysis

Write about Best buy about their Financial Statement Analysis

Question on cvp analysis

Compute the annual breakeven point in dollar and in unit sales for shop 48? Make a CVP graph showing cost and revenue data for shop 48 from zero level activity up to 17,000 pairs of shoes sold in year, what would be shop 48's net operating income o..

Learning points from marginal costing

识别三个关键学习点关于to application of concepts like fixed costs, variable costs, contribution margin, breakeven analysis, indifference point, and operating leverage to organization's overall financial performance.

Evaluate the capital loss

Evaluate the capital loss

Determining costing systems

Which costing system would be more efficient when direct labor costs and direct materials are low, and overhead is high and why? Explain how the supply chain and the macroeconomic environment of the health care business fit in with your calculations?

Question on segment margin

Martin Company is a two-division firm and has following information available for this year:

Direct material variances

This question is on variance analysis in managerial or cost accounting. More specifically, it asks for computations of direct material price variance, direct material efficiency or usage variance, the flexible budget variance, and determining whet..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

beplay安卓下载

Baidu