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dalvyx
1 month ago
9

Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average

of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers. Estimate the average length of the firm's short-term operating cycle. How often would the cycle turn over in a year? 90 days and 4.06 times 80 days and 4.06 times 70 days and 3.06 times 90 days and 3.06 times
Business
1 answer:
Free_Kalibri [3.1K]1 month ago
5 0

Answer: 90 days and 4.06 times

Explanation:

The short-term operating cycle is calculated by adding Average production process time + Days goods are held + Days Accounts receivable are due]

= 40 + 15 + 35

= 90 days

With a 365-day year, the cycle will turnover;

= 365/90

= 4.0556

= 4.06 times

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Since the firm has merged and changed its name from XYZ Corporation to ABCXYZ Inc, Mary needs to draft a formal notification to her DSO regarding this change and the merger.

The DSO will then amend her records with the University of the Cumberlands.

4 0
1 month ago
A cell phone company has a fixed cost of $1,500,000 per month and a variable cost of $20 per month per subscriber. The company c
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13 days ago
An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which all
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Answer:

Part A:

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Part B:

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Part C:

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Total parts produced =100,000

Workers required= Total parts/(Parts per hour* hours per shift*Total Shifts)

Worker\ needed=\frac{100000}{10\ Parts/hour*8\ hours/shift*60\ shifts/worker} \\Workers\ needed= 20.833

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Part B:

Individual worker productivity:

Productivity\ of\ individual\ worker=\frac{100000}{100\ workers*8\ hours/shift*60\ shifts/worker} \\Productivity\ of\ individual\ worker=2.0833\ parts/hour

Part C:

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1 month ago
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harina [3228]

Answer:

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