Given these conditions how long is the firms cash, Finance Basics

+44 141 628 6080
[email protected]

Given these conditions how long is the firms cash

Suppose it takes a computer manufacturer 10 days to build and sell computers. Also suppose it takes the firm's customers 20 days, on average, to pay for the computers after they have purchased them on credit. Finally, suppose the firm is able to delay paying for the computer parts it uses in the manufacturing process for 20 days. Given these conditions, how long is the firm's cash conversion cycle?

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Given these conditions how long is the firms cash

Reference No:- TGS0610592

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Prepare the journal entry that wood-mode should make

Prepare the journal entry that Wood-Mode should make, assuming it signed a valid sales contract to sell the counters and received at the time of sale the $413,000 payment.

Q : A ground state hydrogen atom absorbs a photon of light

A ground state hydrogen atom absorbs a photon of light having a wavelength of 92.085 nm it then gives off a photon having a wavelength of 902 nm. what is the final state of the hydrogen atom

Q : Given that accounts receivable represents a delay in the

Given that accounts receivable represents a delay in the receipt of cash that could be put to good use, why do firms allow credit purchases at all?

Q : Light of wavelength 730nm falls on two slits and produces

Light of wavelength 730nm falls on two slits and produces an interference pattern in which the fourth-order fringe is 53mm from the central fringe on a screen 3.0m away

Q : Given these conditions how long is the firms cash

Given these conditions, how long is the firm's cash conversion cycle?

Q : Ionization energy is the energy needed to eject an electron

Ionization energy is the energy needed to eject an electron from an atom or ion. calcluate the ionization energy, IE, of the one- electron ion B^4+

Q : If your firm buys 100 worth of supplies on credit with

If your firm buys $100 worth of supplies on credit with terms 3/10 n30 and pays the bill on the 30thday after the purchase.

Q : Two narrow slits separated by 10mm are illuminated by 559nm

Two narrow slits separated by 1.0mm are illuminated by 559nm light. Find the distance between adjacent bright fringes

Q : Predict the products of the acid-base reaction between

Predict the products of the acid-base reaction between acetic acid and methanamine. Draw the molecules or ions and include charges were needed.

1946459

Questions
Asked

3,689

Active Tutors

1414363

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Problem on pro-business environment

Question: Boeing chose South Carolina as its Dreamliner assembly location because of the pro-business environment.

What is the current ratio for kramer industries

Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of $12,000 and inventory of $31,000.

Spending variance for direct materials in august would be

The spending variance for direct materials in August would be closest to: Group of answer choices $524 F $20 F $20 U $524 U

Statements about asking questions during a meeting

Which of the following statements about asking questions during a meeting is true? Question Answer

What amount of elige current year taxable income is

What amount of Elige's current year taxable income is allocated to Elige's S corporation short tax year based on the relative number of days

What is the quick ratio for picasso paint supply

It also has $50,000 in current liabilities and $75,000 in long-term liabilities. What is the quick ratio for Picasso's Paint Supply?

What are common methods of brand equity measurement

Brand equity can be measured in a number of ways, but the 3 most common methods are which of the following? Select all that apply.