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...

80.2K

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

Other questions asked by students

Q

Using the Inverse Function Theorem what is h 1 8 given that h x 3x...

Basic Math
Q

Many food products contain small quantities of substances that would give an undesireable taste or smell...

Statistics
Q

Sympathetic nervous system induces (a) secretion of digestive juices (b) heart beat (c) secretion of saliva (d) all of...

Biology
Q

IM.82 A distributor of industrial equipment purchases specialized compressors for use in air conditioners. The regular price...

Physics
Q

Identify two CEOs whose leadership you admire. What is it about their skills, attributes, and effective...

General Management
Q

When the earth first formed within a 100 million years of accretion conditions may have...

Biology
Q

Two lens of focal length 15 cm and 10 cm when put in contact act...

Physics
Q

V3 V is the frequency of series limit of Lyman series v is the frequency...

Physics
Q

di di Such an equation is said to be an ordinary differential equation Thus an...

Algebra
Q

Marigold Company reports the following costs and expenses in May. Determine the total amount of...

Accounting
Q

Define a relevant cost. For a hospital considering the purchase of a new X-ray machine,...

Accounting
Q

Question 12 The Company used the following data to evaluate their current operating system....

Accounting