Chasteen Hall currently has 61 days in its cash cycle and 143 days in its operating...

Chasteen Hall currently has 61 days in its cash cycle and 143 days in its operating cycle. The firm purchases its inventory from one supplier. This supplier has offered a 5 percent discount to the firm if it will pay for its purchases within 15 days instead of the normal 38 days. If the firm opts to take advantage of the discount offered, its new operating cycle will be _____ days and its new cash cycle will be _____ days.

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Calvani, Inc., has a cash cycle of 44.5 days, an operating cycle of 65 days, and...

Calvani, Inc., has a cash cycle of 44.5 days, an operating cycle of 65 days, and an inventory period of 28 days. The company reported cost of goods sold in the amount of $344,000, and credit sales were $567,000. What is the company’s average balance in accounts payable and accounts receivable? Average accounts payable $ _______ Average accounts receivable $______

Betty's Bagels has a cash cycle of 15 days, an operating cycle of 32 days, and...

Betty's Bagels has a cash cycle of 15 days, an operating cycle of 32 days, and an inventory period of 1.5 days. The company reported cost of goods sold in the amount of $102,000, and credit sales were $206,000. What is the company's average balance in accounts payable? Select one: a. $18,414.36 b. $4,843.84 c. $4,750.65 d. $21,918.00 e. $9,594.52

The operating cycle for: Amazon = 85 days Walmart = 60 days The cash cycle for:...

The operating cycle for: Amazon = 85 days Walmart = 60 days The cash cycle for: Amazon =95 days Walmart =15 days Q1/ What does the operating and cash cycle tell us about each company? Which company is doing better with their working capital management? Q2/ What recommendations would you make to the other company(s) to improve its working capital management?

Calculate the operating cash cycle in days if all sales are for cash, inventory is turned...

Calculate the operating cash cycle in days if all sales are for cash, inventory is turned over 7 times a year and creditors are paid on average 5 times a year. Select one: a. -52.1 days b. -20.9 days c. 52.1 days d. 20.9 days

Your firm currently has an operating cycle of 90 days. You are analyzing some operational changes...

Your firm currently has an operating cycle of 90 days. You are analyzing some operational changes which are expected to decrease the accounts receivable period by 4 days and decrease the inventory period by 5 days. The accounts payable turnover rate is expected to increase from 8 to 9 times per year. If all of these changes are adopted, what will be your firm's new cash cycle? a) 46 days b) 41 days c) 51 days d) 72 days e)...

Business operating cycle. Kolman Kampers has a production cycle of 33 days, a collection cycle of...

Business operating cycle. Kolman Kampers has a production cycle of 33 days, a collection cycle of 19 days, and a payment cycle of 12 days. What are Kolman's business operating cycle and cash conversion cycle? If Kolman reduces the production cycle by 1 days, what is the effect on the cash conversion cycle? If Kolman decreases the collection cycle by 1 days, what is the effect on the cash conversion cycle? If Kolman increases the payment cycle by 1 days,...

the conversion cycle period is 24 days and the operating period is 23 days for Company...

the conversion cycle period is 24 days and the operating period is 23 days for Company tiger another company (m) has 57 days for operating period and 69 days for conversion cash period what are the differences and similarities and compare it

Describe the operating cycle and cash cycle. What are the differences?

If a company has a cash-conversion cycle of 15 days, an average age of inventory of...

If a company has a cash-conversion cycle of 15 days, an average age of inventory of 40 days and an average payment period of 60 days, calculate the average collection period.

The finance department has been directed to reduce the cash-to-cash cycle time to 29.7 days. You...

The finance department has been directed to reduce the cash-to-cash cycle time to 29.7 days. You are the warehouse manager and need to reduce the inventory to achieve that goal. Given the following information, what must your inventory level be? Days in the period: 85 Sales: $14225000 AR: $2360000 AP: $5300000 Cost of Sales: 77.0 (Your answer should be in whole dollars)

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