Calculate the Cash Conversion Cycle, breaking it down to three components. Apple Inventory 4,061,000,000 Cost of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Calculate the Cash Conversion Cycle, breaking it down to three components. Apple Inventory 4,061,000,000 Cost of Goods Sold 169,559,000,000 Accounts Recievable 16,120,000,000 Sales 274,515,000,000 Accounts Payable 42,296,000,000 Apple Amazon Walmart Costco Amazon 2,849,000,000 233,307,000,000 24,542,000,000 386,064,000,000 72,539,000,000 Walmart : Calculate the Cash Conversion Cycle, breaking it down to three components. 44,435,000,000 394,605,000,000 6,284,000,000 519,926,000,000 46,973,000,000 21.43343715 23.20296635 4.411512408 31.69207205 Costco Invetory Conversion Period Average Collection Period Payables Deffered Period Cash Conversion Cycle 8.741883356 4.457153022 41.10129116 30.82903842 91.04818972 113.484529 43.44887926 35.68935897 12,242,000,000 144,939,000,000 14,172,000,000 163,220,000,000 14,172,000,000 Explain the meaning of the three components and the final number you get for the Cash Conversion Cycle. -60.87286921 -85.8244096 2.063924313 26.8317515 Calculate the Cash Conversion Cycle, breaking it down to three components. Apple Inventory 4,061,000,000 Cost of Goods Sold 169,559,000,000 Accounts Recievable 16,120,000,000 Sales 274,515,000,000 Accounts Payable 42,296,000,000 Apple Amazon Walmart Costco Amazon 2,849,000,000 233,307,000,000 24,542,000,000 386,064,000,000 72,539,000,000 Walmart : Calculate the Cash Conversion Cycle, breaking it down to three components. 44,435,000,000 394,605,000,000 6,284,000,000 519,926,000,000 46,973,000,000 21.43343715 23.20296635 4.411512408 31.69207205 Costco Invetory Conversion Period Average Collection Period Payables Deffered Period Cash Conversion Cycle 8.741883356 4.457153022 41.10129116 30.82903842 91.04818972 113.484529 43.44887926 35.68935897 12,242,000,000 144,939,000,000 14,172,000,000 163,220,000,000 14,172,000,000 Explain the meaning of the three components and the final number you get for the Cash Conversion Cycle. -60.87286921 -85.8244096 2.063924313 26.8317515
Expert Answer:
Answer rating: 100% (QA)
The Cash Conversion Cycle CCC is a financial metric that shows how long it takes for a company to convert its investments in inventory and other resou... View the full answer
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324272055
10th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
Students also viewed these finance questions
-
The folowing intormation was obtained rom the tinancial statements of Lotter's Lnt Statement of financial position: Non-current assets Property, plara and equipment Other investments 20 362 21 21 8...
-
Question 4 From BBT company's balance sheet and income statement in 2020, the following data are retrieved ($ million). Sales Cost of goods sold Inventories on January 1 Inventories on December 31...
-
Look back in the chapter to Table, which showed the balance sheets for Argile Textiles on three different dates. Argiles sales fluctuate during the year due to the seasonal nature of its business;...
-
Blue Spruce Corporation, a public company, is a large silver producer. Selected condensed information (in millions) for Blue Spruce Corporation follows for the year ended September 30, 2021: Cost of...
-
What accounts are affected when employer payroll tax expenses are properly recorded?
-
An angiosperm called ghost plant does not produce chlorophyll or other photosynthetic pigments and is almost completely white. Based only on this information, what assumptions can you make about...
-
Power spectral density is constant over a frequency range a. Correlation functions in an experiment b. Nonstationary process c. Sample space of \(x(t)\) at times \(t_{1}, t_{2}, \ldots\) d. White...
-
For the Billy's Bank situation in Problems 13-24 and 13-25, the salary and benefits for a teller would be $12 per hour. The bank is open 8 hours each day. It has been estimated that the waiting time...
-
George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicated with a minus sign. Stock A Stock A Date Purchased 11/21/1996 Number of Shares 1,150 Adjusted...
-
7. Copper Mines, Inc (CMI) . purchased property for the purpose of extracting copper ore. CMl paid $3,500,000 for the property plus $100,000 closing costs. CMl estimates it will be able to extract...
-
Over a long period, the total risk could still be substantial as what happened from 2001 to 2010. In this case, a buy-and-hold strategy could still end up with low return. In contrast, a strategy,...
-
Questions for Figure 13 What important conclusions can your make? List 2 important conclusions 1) A Questions for Figure 15 What are the measures of the angles below? Angle ABE Angle ADC What...
-
Instructions a) Use the T-Accounts to record the transactions below for Dixie Incorporated in its first year of business. HINT: Now that we are recording entries on the account level. The Retained...
-
Questions for Figure 7 What are the measures of the angles below? Angle AOB Angle AEC Angle AOC Angle COD Angle AEO Questions for Figure 9 What important conclusions can you make? List 2 important...
-
Jim's annuity of $10/year is deferred for 10 years, then payable for 10 years with payments made at the end of each year. If 10 S10 i = K, what is the present value of Jim's annuity? 8. When i =...
-
Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for the following data. Then, please compute the standard deviation of forecast error using the first eight months. Demand...
-
Arctic Springs produces premium bottled water. In the Bottling Department, workers bottle the filtered water and pack the bottles into boxes. Conversion costs are incurred evenly throughout the...
-
What is the difference between the straight-line method of depreciation and the written down value method? Which method is more appropriate for reporting earnings?
-
Suppose Chance Chemical Company's management conducts a study and concludes that if Chance expanded its consumer products division (which is less risky than its primary business, industrial...
-
Sharon Evans, who graduated from the local university 3 years ago with a degree in marketing, is manager of Ann Naylor's store in the Southwest Mall. Sharon's store has 5 years remaining on its...
-
As the manager of Oaks Mall Jewelry, you want to sell on credit, giving customers 3 months in which to pay. However, you will have to borrow from the bank to carry the accounts receivable. The bank...
-
It has been stated that to lead people through the complex changes facing the health care industry, transformational leadership is required (i.e., leaders creating an environment in which staff can...
-
Deliberate the need for transformational or collaborative leadership in the next 5 years as the health care environment transforms as a result of industry reform.
-
If you were the director of a major department in a health care company, how important would each of the following activities be to you? Answer yes or no to indicate whether you would strive to...
Study smarter with the SolutionInn App