Calculate the cash cycle based on the following information: Sales = $170,174 COGS = $27,703 Inventory =
Fantastic news! We've Found the answer you've been seeking!
Question:
Sales = $170,174
COGS = $27,703
Inventory = $10,090
Accounts Receivable = $29,851
Accounts Payable = $20,003
2-Calculate the operating cycle based on the following information:
Sales = $82,979
COGS = $35,387
Inventory = $15,531
Accounts Receivable = $17,735
3-The terms of the sale were 4/12, net 53. What is the effective annual rate of interest?
4-XYZ is a retailer and sells 175,000 units per year. It purchases from a single supplier. Fixed costs per order are $881 and carrying cost is $6 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity?
5-XYZ is a retailer and sells 197,000 units per year. It purchases from a single supplier. Fixed cost per order is $992 and carrying cost is $6 per unit.
Suppose XYZ orders 4,000 units per order from the supplier. Calculate the sum of carrying cost and the shortage cost.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: