(Answered) The inventory turnover of diplomat inc is 15 while its

Statistics

The inventory turnover of Diplomat Inc. is 15, while its accounts receivable turnover is 7. The accounts payable period is 53 days. Assume a 360-day year.

What is the length of the cash cycle? (Round answer to 0 decimal places, do not round intermediate calculations)

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92576184
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

An investor would like to add the following bond to her

An investor would like to add the following bond to her portfolio. The bond would be held for 7 years and then sold. The investor has gathered the following information to analyze the bond: Company XYZ Currency: CAD Face ...

You work in the quality control office for a company that

You work in the quality control office for a company that manufactures fluorescent light bulbs. Your company offers a 4-year (1461 day) warranty on these bulbs. The average life span of your bulbs is 1600 days with a sta ...

The meantime it takes a technician to resolve this software

The meantime it takes a technician to resolve this software issue is 18 minutes with a standard deviation of 4.2 minutes. This information was obtained from a random sample of 10 monitored calls. A sample of 15 monitored ...

Twelve different video games showing substance use were

Twelve different video games showing substance use were observed and the duration of times of game play? (in seconds) are listed below. The design of the study justifies the assumption that the sample can be treated as a ...

A certain diagnostic test is indicative of problems only if

A certain diagnostic test is indicative of problems only if a child scores in the lowest 10% of those taking the test (the 10th percentile). If the mean score is 150 with a standard deviation of 30, what would be the dia ...

The probability that a shot will hit the target is 002

The probability that a shot will hit the target is 0.02. Successive shots are independent of each other. What is the probability that at least one out of four shots will hit the target?

Plastic sheets made by a machine are periodically monitored

Plastic sheets made by a machine are periodically monitored for fluctuations in thickness. If the true standard deviation in thickness exceeds 2.0 millimeters, there is cause for concern about product quality. Past exper ...

Your client is going to be traveling to las vegas in the

Your client is going to be traveling to Las Vegas in the near future and he wants to place some bets on his favorite professional baseball team. To ensure he knows the odds on his bets he wants to know the probability of ...

What is the probability of a value from a normal

What is the probability of a value from a normal distribution being between 0.75 standard deviations above the mean and 1.75 standard deviations below the mean? (Round calculations to nearest thousandth (3 digits))

The companys cleaning service states that they spend more

The company's cleaning service states that they spend more than 46 minutes each time the cleaning service is there. The company times the length of 37 randomly selected cleaning visits and finds the average is 47.6 minut ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert