Ch 18 Problems 6,7,10 pages 605-606

Ch 18 Problems 6,7,10 pages 605-606 - XiZhou problem6 item...

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Xi Zhou problem 6 item beginning ending inventory $9,780  $11,380  accounts receivable $4,108  $4,938  accounts payable $7,636  $7,927       credit sales $89,804       cost of goods sold $56,384  operating cycle: inventory turnover=cost of goods sold/average inventory inventory period=365  average inventory  $10,580  inventory period  inventory turnover  5.33 times receivable turnover= credit sales/average accounts receivable receivable period=365 average accounts receivable  $4,523  receivable period  receivable turnover  19.85 times operating cycle=inventory period+accounts receivable period operating cycle 86.87 days cash cycle: payables turnover=cost of goods sold/average paybles payables period=365  average payables  $7,781.50  payables period  payable turnover 7.25 times cash cycle=operating cycle-accounts payable period cash cycle  36.50 days problem 7 average collection period 32 days discount rate
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This note was uploaded on 04/27/2010 for the course BUSINESS 231 taught by Professor Steven during the Spring '10 term at 카이스트, 한국과학기술원.

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Ch 18 Problems 6,7,10 pages 605-606 - XiZhou problem6 item...

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