TechVista, a technology retailer, reported a cost of goods sold for the year of $85 million and a net income of $50 million. The company's accounts receivable increased by $5 million, inventory decreased by $7 million, and accounts payable decreased by $5 million during the same period. What would be the total amount of cash paid to suppliers? A. $87 million B. $97 million C. $73 million D. $83 million

Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash conversion cycle. Chastain's 2016 sales (all on credit) were $285000; its cost of goods sold is 80% of sales; and it earned a net profit of 6%, or $17100. It turned over its inventory 6 times during the year, and its DSO was 35 days. The firm had fixed assets totaling $37000. Chastain's payables deferral period is 40 days. Assume 365 days in year for your calculations. A. Calculate Chastain's cash conversion cycle. Round your answer to two decimal places. Do not round intermediate calculations. B.Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Do not round intermediate calculations. C.Suppose Chastain's managers believe that the inventory turnover can be raised to 8.9 times. What would Chastain's cash conversion cycle, total assets…

A business had a +10% variance in cash flow from investing activities this year as compared to last year. The dollar amount of cash flow from investing activities last year was $900,000. What was the dollar amount of cash flow from investing activities for this business in this year?

Williams & Sons last year reported sales of $38 million, cost of goods sold (COGS) of $30 million, and an inventory turnover ratio of 5. The company is now adopting a new inventory system. If the new system is able to reduce the firm's inventory level and increase the firm's inventory turnover ratio to 6 while maintaining the same level of sales and COGS, how much cash will be freed up? Do not round intermediate calculations. Enter your answer in dollars. For example, an answer of $1.23 million should be entered as 1,230,000,000. Round your answer to the nearest dollar. $

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