Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

W&C is examining its cash conversion cycle. The company expects its cost of goods sold, which equal 85% of sales, to equal $770,000 this year. W&C normally turns over inventory 25 times per year, account receivable are turned over 8 per year, and the accounts payable turnover is 40. What is the cash conversion cycle?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92071816
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Basic Finance

1nbsphow do the geometric and arithmetic average dividend

1. How do the geometric and arithmetic average dividend growth rates compare when the annual growth rates are positive? A. The arithmetic average dividend growth rate is generally larger than the geometric average growth ...

Financial decision making case study assignment -assessment

Financial Decision Making Case Study Assignment - Assessment Overview - This is the first of two assessments for this course. For this assessment you will select a listed company from an Aotearoa New Zealand context and/ ...

Assume that the current yield on a one-year security is 60

Assume that the current yield on a one-year security is 6.0 percent and that the yield on a two-year security is 7.2 percent. For this question, assume that there is a liquidity premium on a two-year security of 0.4 perc ...

A 1000 par value bond was issued 15 years ago at a 12

A $1,000 par value bond was issued 15 years ago at a 12 percent coupon rate. It currently has 15 years remaining to maturity. Interest rates on similar obligations are now 8 percent. Assume Ms. Bright bought the bond thr ...

Ferrell inc recently reported net income of 8 million it

Ferrell Inc. recently reported net income of $8 million. It has 500,000 shares of common stock, which currently trades at $22.50 a share. Ferrell continues to expand and anticipates that 1 year from now, its net income w ...

The risk-free rate of return is 6 pa wesfarmers ltd has a

The risk-free rate of return is 6% p.a. Wesfarmers Ltd has a β of 0.64. The expected return on the market is 12% p.a. Based on the information provided, answer the following questions. What is the expected return of mark ...

1 avocado incorporated just paid a dividend of 3 an analyst

1.) Avocado Incorporated just paid a dividend of $3. An analyst expects this dividend to grow at a rate of 12% for the next 3 years. After this initial growth stage, the firm is expected to grow at a rate of 5% forever. ...

Your firm spends 5200 every month on printing and mailing

Your firm spends $ 5,200 every month on printing and mailing? costs, sending statements to customers. If the interest rate is 0.52% per? month, what is the present value of eliminating this cost by sending the statements ...

You deposit 278 dollars in an account every year for 5

You deposit 278 dollars in an account every year for 5 years that earns 7 percent annual interest. How much money is in your account 5 years from now? (your first deposit will be exactly 1 year from now and your last dep ...

You invest 209100 at the beginning of every year and your

You invest $2,091.00 at the beginning of every year and your friend invests $2,091.00 at the end of every year. If you both earn an annual rate of return of 3.82% , how much more money will you have after 40 years? You c ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As