Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company's cycle time is 90 days. inventories rem

A company's cycle time is 90 days. Inventories remain on-hand twice as long before being...

50.1K

Verified Solution

Question

Accounting

A company's cycle time is 90 days. Inventories remain on-hand twice as long before being sold as accounts receivable remain outstanding before being collected. 1. The average time inventory remains on-hand before being sold is---days. 2. The average time accounts receivable remain outstanding before collected is ------days

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

Advance Math
1.2K views

let p3x be the third order polynomiol interpolatign function f(x)=sin(x) at 0,1/3,2/3,1 show that for any...

Chemistry
1.2K views

A solution was prepared by dissolving 0.1937 g of HgO (table) in 20 mL of water...

Psychology
1.2K views

Give an example of stereotyping that you see in everyday life. Explain what would need to...

Biology
1.2K views

2 CO H O H CO3 H HCO3 2H CO3 carbonic acid bicarbonate carbonate Shown...

Biology
1.2K views

What proportion of German immigrants settled in cities versus becoming farmers About half settled in...

Geometry
1.2K views

In circle O below AB is a diameter Use the given measures to determine all...

Accounting
1.2K views

Problem 13-47 (LO. 5) In each of the following independent situations, determine the maximum withholding...

Accounting
1.2K views

White Christmas Co. purchased a piece of factory equipment on APRIL 1, 2021, for $72,000....

Accounting
1.2K views

Given the following data, calculate the cost of goods sold for the 04/15 sale using...

Accounting
1.2K views

Which of the following are true about the Cash Flow Statement? You may select one...

Accounting
1.2K views

Compute the missing amounts in the separate income statements A,B, and C

Accounting
1.2K views

I need complete answer and explanation please. Direction: Not for sale The teacher...