Business, 05.04.2020 19:19, 20jacksone

Current Year & Prior Year
Acc. Payable, EOY: $9,023 & $12,968
Acc. Receivable, net, EOY: $29,905 & $18,752
Inventory, EOY: $11,324 & $10,815
Net Sales: $163,000 & $110,000
Cost of Goods Sold: $79,000 & $116,000

Use the information above to compute the number of days in the cash conversion cycle for each year. ?
Cash Conversion Cycle in Days:

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:30, fixianstewart

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Answers: 1

continue

Business, 22.06.2019 06:00, kinglightskin2k

If you miss two payments on a credit card what is generally the penalty

Answers: 1

continue

Business, 22.06.2019 11:10, nat8475

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.

Answers: 3

continue

Business, 22.06.2019 14:50, keishadawson

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?

Answers: 1

continue

Do you know the correct answer?

Current Year & Prior Year
Acc. Payable, EOY: $9,023 & $12,968
Acc. Receivable,...