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...

60.1K

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

Other questions asked by students

Q

Q) Make a Contemporary Issues Report , must be 3 to 4 pages containing a. Introduction (definition...

Biology
Q

For light moving from left to right through a lens, describe the paths of the three...

Physics
Q

Consider a YDSE arrangement shown in the figure two transparent glass plates each of thickness...

Physics
Q

Part 3 of 5 c Using the result from part b compute the P value...

Statistics
Q

The annual number of homicides in a given city for a 10 year period is...

Algebra
Q

The length of a petal on a certain flower varies from 3 61 cm to...

Algebra
Q

Serene Corporation, an auto parts retailer, had 18,000 units of brake calipers on...

Accounting
Q

4. On 06/19/202X, Integrative Solutions Consulting sold software to a customer for $250,000 with "free"...

Accounting
Q

If a business entity sells goods for Rs.10,000, this transaction would include two aspects: the...

Accounting
Q

On January 1, 2023, Palo Verde Corporation acquired 100 percent of the voting stock of...

Accounting
Q

CORRECT ANSWER NEEDED ASAP THROUGH SPREADSHEET On December 31, 20x0, you make a...

Accounting
Q

Calculate an estimated value of a share of the stock using multiples as determined by...

Finance