Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. zen inc., has an average age of accounts receivabl

Zen Inc., has an average age of accounts receivable is 36 days, the average age...

90.2K

Verified Solution

Question

Accounting

image

Zen Inc., has an average age of accounts receivable is 36 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is Advantages of Pyramidal Horn Antenna and Parabolic Dish Antenna

Electrical Engineering
Q

. Eclypso Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing...

Accounting
Q

on December 27, 2014 wolcott windows purchased a piece of equipment for 107,500. the estimated useful...

Accounting
Q

Which action increases the rate of transcription in eukaryotic cells after RNA polymerase binds to...

Biology
Q

corporate expense commuting and transportation while improving opportunities for jobs education housing and transportation Living...

Biology
Q

Choose all of the true statements regarding the graph.Select all that apply.The graph passes the...

Algebra
Q

Add 4i 2 8i

Algebra
Q

Video Company had sales during July 20X3 of $30,000. During the month, the company had...

Accounting
Q

Elroy Corporation repurchased 1,100 shares of its own stock for $35 per share. The stock...

Accounting
Q

The following information is provided relating to a stream of cash flows: Year Amount of...

Accounting
Q

Under what conditions of bond issuance does a discount on bonds payable arise? Under what...

Accounting
Q

Amelia has hired a tax accountant to prepare her 2020 income tax returns, however she...

Finance