Question: Please, help me answer this questions. Valenzuela, Incorporated, has a cash cycle of 46.5 days, an operating cycle of 69 days, and an inventory period








Valenzuela, Incorporated, has a cash cycle of 46.5 days, an operating cycle of 69 days, and an inventory period of 30 diays. The company reported cost of goods sold in the amount of $348.000, and credit sales were $571,000. What is the company's iverage balance in accounts payable and accounts receivable? Note: Do not round intermediate calculotions and round your onswers to 2 decimol places, e.9. 32.16. operiting cyclo be if it cnn effectively make this change? Muriple chaice 20059 d 20457 dim? 201 in tawn 20714sinn Which of these is most apt to decrease the accoonts receivable period for a store that has both cash and credit sales? Muiliple Cholce Incteasing the time grarted to cuttomers to pey for purchoses Lengthening the cesticycle Increasing customer avicounts for cash poyment Selling vivertary slower Bryng sisciess taster Which one of the following is directly related to increases in a firm's current assets? Multiple Choice Rearder corts Shortnge costs Rorbockney cosis Out of stock events Cariywig conts The High Water Mark is operating at its optimal point. Which one of the following conditions exists given this firm's operating status? Mutiple Choice Carying costs erceed shortage costs Carrying costs are equal to zeco Doth carying costs and shortage cosis ae of their miramars levela Hhartage conts are equal to zero Shortage costs cqual caryeng costs. Moore 8 Moore has just finished projecting its expected cash recelpts and expenditures for next year. What is this projection citled? Multiplerinoico Ogerating projection Reccrivables schedifin flalance sheet Cash tuadget Compromene policy The iength of time a retaller owes its supplier for an inventory purchase is called the: Multiple Choice invertory period occounts recelvoble period occounts peyoble penod operating cycle cash cyclo Pablano's fias sales for the year of $163500 and cost of goods sold of $97,890. The firm caries an average liwentory of $15,70 and has an avernge accounts payable balance of $15,900. What is the inventory period? Muniple Choice 8902 dass 5868 days 7. 29 deys 6020 deyp it 36 deys Which one of the following commences on the day inventory is purchased and ends on the day the payment for the sale of that arivintory is colectedi Ascume at sales and purchases are on credit. Muluple Choice inyemiofy period Accounts recervoble penod Accourts poywbie penod Dpernting cycle Canh cyde
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
