Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. calculate the days of working capital for the foll

Calculate the days of working capital for the following three companies, and rank them in...

70.2K

Verified Solution

Question

Accounting

image
Calculate the days of working capital for the following three companies, and rank them in order of best to worst. (Three points) Revenue Inventory Accounts receivable Accounts payable Company A $3,000,000 $500.000 $750,000 $1.200.000 Company B $7,500,000 $1,100,000 $1,400,000 52.325,000 Company $4,750,000 $1.200,000 51.750,000 $2.850.000 a Company A. Company C. Company B b. Company B, Company C. Company A C Company C. Company B. Company A di Dorempany A compariy B. Company 7C a

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

On January 1, 2017, Wood Corporation leases a piece of equipment from Prior Corporation and properly...

Finance
Q

Dmitry suspected that his friend is using a weighted die for board games To test...

Statistics
Q

X X 2 Let f x x 1 x 3 a The degree of the...

Algebra
Q

3 Ten cars were recently assembled at a factory Of these cars 3 will be...

Algebra
Q

Inventories Factory Overhead for December Sales, Materials, and Payroll for December Predetermined Overhead Rate...

Accounting
Q

Problem C-2A (Algo) Consider present value (LO C-3, C-5) Bruce is considering the purchase of...

Accounting
Q

Calculate the NPV and IRR using the data from Table 2. Should the project be...

Accounting
Q

Please answer the following question: c. Describe a minimum of two ways in...

Accounting
Q

Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards...

Accounting
Q

Geeks with Leeks, Inc. only sells leeks on credit. Beginning and ending balances of A/R...

Accounting
Q

Flexible Budget for Selling and Administrative Expenses for a Service Company Digital Solutions Inc. uses...

Accounting
Q

What is represented by a green line? * Figure $2 Components of...

Accounting