Lowell Inc.has $5 million in inventory, $2 million in accounts receivable, and 1.5 million in accounts payables. Its annual sales are $36.5 million and annual cost of goods sold (purcahses) is $18.25 million. What is the length of the company's cash conversion cyle? O 60 days O 90 days O 80 days O 70 days

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Average account receivables-60 days, Inventories-85 days, Average account payable-55 days Company spends Rs.21, 00,000 annually and can earn 10% on its investments. (i) Find out cash cycle and cash turnover assuming 360 days in a year, (ii) Minimum amount of cash required to meet the payment. Also calculate the above, if inventory age is reduced to 75 days. What will be the savings for the company?

Watts Industries' carries 87 days in Inventory, and collects its Accounts Receivable in 75 days. If the firm pays its Accounts Payable in 26 days, what is Watts' Cash Conversion Cycle?

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A firm has sales of $1.4 million, and 10 percent of the sales are for cash. The year-end accounts receivable balance is $205,000.   What is the average collection period? (Use 365 days in a year. Do not round intermediate calculation. Round the final answer to the 1 decimal place.)   Average collection period             days 76thjbnn

Berry Manufacturing turns over its inventory 8 times each year, has an Average Payment Period of 35 days and has an Average Collection Period of 60 days. The firm’s annual sales are $3.5 million. Assume there is no difference in the investment per dollar of sales in inventory, receivable, and payables and that there is a 365-day year.   A. Calculate the Firm’s Operating Cycle. B. Calculate the Firm’s Cash Conversion Cycle. C. Calculate the Firm’s Daily Cash Operating Expenditure.

A firm has sales of $1.4 million, and 10 percent of the sales are for cash. The year-end accounts receivable balance is $205,000. What is the average collection period? (Use a 360-day year. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Average collection period days Prev 5 of 10 94 Next >

Ives Corporation has an inventory period of 21.5 days, an accounts payable period of 31.4 days, and an accounts receivable period of 28.7 days. What is the company's cash cycle?Question 4 options:18.8 days24.2 days81.6 days50.2 days38.6 days

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