Question: Question 7 4 Shabalala Industries has a 140 day operating cycle - If the average age of inventory is 60 days. - If the average

Question 7 4 Shabalala Industries has a 140 day operating cycle - If the average age of inventory is 60 days. - If the average payment period is 41 days. Required: How long is its average collection period

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

1. Do you think it is always possible to establish an arms length/ market price? 2. Would an arms length price be more difficult to establish in the provision of services? According to an article in...

1. Sharam Industries has a 120 day operating cycle, if its average age of inventory is 50 days, how long is its average collecting period? If its average payment period is 30 days, what is its cash...

Everdeen, Inc. Has a 90 day operating cycle. If its average age of inventory is 34 days, how long is its average collection period? If its average payment period is 20 days, what is its cash...

Everdeen, Inc., has a 125 -day operating cycle. If its average age of inventory is 33 days, how long is its average collection period? If its average payment period is 38 days, what is its cash...

Shaima Industries has a 120day operating cycle. If its average age of inventory is 50 days, how long is its average collection period? If its average payment period is 30 days, what is its cash...

Sharam Industries has a 120-day operating cycle. If its average age of inventory is 50 days, how long is its average collection period? If its average payment period is 30 days, what is its cash...

A ..... Thompson Paint Company uses 60,000 gallons of pigment per year. The cost of ordering pigment is $200 per order, and the cost of carrying the pigment in inventory is $1 per gallon per year....

Given the earnings per share over the period 2014-2021 shown in the following table, determine the annual dividend per share under each of the policies set forth in parts a through d. Year 2021 2020...

FINANCIAL STATEMENTS ANALYSIS HORORATA INC A large loss occurred in 2019 at Hororata Inc in Canterbury, rather than the expected profit. As a result, its stakeholders are concerned about the firms...

Calculate CCC, Cash Conversion Cycle ? Suppose that Average Collection Period = 60 Days . Average Payment Period= 80 Days , Total Assets Turn over 20 Times, *, Average Age Inventory = 80 Days 140...

Calculate CCC, Cash Conversion Cycle? Suppose that Average Collection Period = 60 Days, Average Payment Period = 80 Days, Total Assets Turn over 20 Times, *, Average Age Inventory = 80 Days 140 days...

On December 31, 2011, Green Bank enters into a debt restructuring agreement with Troubled Inc., which is now experiencing financial trouble. The bank agrees to restructure a $2-million, 12% note...

Describe how OLAP enables a user to conduct multidimensional queries.

1 ) The Black - Scholes hedge ratio for a long call option is equal to _ _ _ _ _ _ _ _ _ _ . A ) N ( d 1 ) B ) N ( d 1 ) 1 C ) N ( d 2 ) N ( d 2 ) 1

Please show me how to answer this step by step with an explanation please. Thank you. Question Aziz, a sole trader, owns and manages a business which manufactures and sells one special type of tool...