Question: Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 66 days, an average collection period of 3 days, and paties deferral period of


Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 66 days, an average collection period of 3 days, and paties deferral period of 21 that cost of goods are Assume a 365-day year De not found intermediate calculations a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number days b. It annual sales are 54,455,000 and all sales are on credit, what is the firm's investment in accounts receivable Round your teet How many times per a dos Negus Enterprises turn over its invery Round your name to two decimal place Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 66 days, an average collection period of 38 Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole nu days b. If annual sales are $4,453,000 and all sales are on credit, what is the firm's investment in accounts $ C. How many times per year does Negus Enterprises turn over its inventory? Round your answer to tw X or 66 days, an average collection period of 38 days, and a payables deferral period of 21 days. Assume that cost of goods sold is 80% of sales. culations Ele? Round your answer to the nearest whole number. credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar, turn over its loventory? Round your answer to two decimal places
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