Solved: Zocco corporation has an inventory conversion period of 75, Finance Basics

+44 141 628 6080
[email protected]

Zocco corporation has an inventory conversion period of 75

Zocco Corporation has an inventory conversion period of 75 days, an average collection period of 38 days, and a payables deferral period of 30 days.
a. What is the length of the cash conversion cycle?
b. If Zocco's annual sales are $3,421,875 and all sales are on credit, what is the investment in accounts receivable?
c. How many times per year does Zocco turn over its inventory?

Solution Preview :

Prepared by a verified Expert

Finance Basics: Zocco corporation has an inventory conversion period of 75

Reference No:- TGS01484267

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Understanding of the main victimological content

A 5-10 line summary of the journal article, where students must demonstrate his or her understanding of the main victimological content of the article.

Identify an app for smartphones or tablets

Problem: Identify an app for smartphones or tablets that can be used for interventions related to social work profession.

Describing the positive impact of media in disasters

Two or three page with peer-reviewed research articles: one article describing the positive impact of media in disasters,

Low-wage laborers of peripheral and semi-peripheral nations

When wealthy workers from core nations compete with low-wage laborers of peripheral and semi-peripheral nations this is known as

What you would say in the dialogue with the client

cite the standard, and then give an example of what you would say in the dialogue with the client to demonstrate your competence of the standard.

Private-practice setting with a clientele of individuals

You are a social worker in a for-profit, private-practice setting with a clientele of individuals, couples, and families.

Discuss about characteristic of middle eastern cultures

Which of the following is NOT a characteristic of Middle Eastern cultures? (two answers) Group of answer choices Hospitality and generosity

Solution Preview :

Prepared by a verified Expert

Finance Basics: Zocco corporation has an inventory conversion period of 75

Reference No:- TGS01484267

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Sanford co sells 500000 of 10 bonds on march 1 2010 the

Q : In example 134 of section 135 we examined whether an mm1

Q : A how many containers are needed for gadjits b how many

Q : A telephone-order sales company must determine how many

Q : Zocco corporation has an inventory conversion period of 75

Q : Issuance of bonds between interest dates straight-line

Q : Explain how an organization can utilize its vision

Q : Us airlines receives an average of 500 calls per hour from

Q : Project is to plan a wedding on a 12 week timeline with a