Houston Corporation has an inventory conversion period of 60 days (DII), a receivables collection period of 36 days (DSO), and a payables deferral period of 24 days (DPO). A. What is the length of the company's cash conversion cycle? B. If Houston's annual sales are $3,960,000 and all sales are on credit, what is the average balance in accounts receivable? C. How many times per year does Houston turn over its inventory? D. What would happen to Houston's cash conversion cycle if, on average, inventories could be turned over eight times a year?

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Negus Enterprises has an inventory conversion period of 50 days, an average collection period of 35 days, and payables deferral period of 25 days. Assume that the costs of goods sold are 80% of its sales. a) What is the length of the firm's cash conversion cycle? b) If Negus's annual sales are $4,380,000 and all sales are on credit, what is the firm's investment in accounts receivable? c) How many times per year does Negus Enterprises turn over its inventory?

Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 59 days Receivables Collection Period = 19 days Payables Deferral Period = 41 days Please explain process and show calculations.

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22) A firm has the following data: Inventory conversion period = 75 days Average collection period = 32 days Payables deferral period = 45 days What is the firm's cash conversion cycle?   1. 5 days.   2. 40 days.   3. 62 days.   4. 88 days.   5. 15 days.

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What is the length of the firm's cash conversion cycle on these accounting question?

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