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

Other questions asked by students

Accounting
1.2K views

Outback Outfitters sells recreational equipment. One of thecompany’s products, a small camp stove, sells...

Chemistry
1.2K views

I don't understand this at all so the more detailed explaination would be amazing, thanks! part B:...

General Management
1.2K views

Explain how the Prospect Theory explanation of purchase behavior (with respect to prices) differs from the...

Physics
1.2K views

The figure represents a voltage regulator circuit using a Zener diode The breakdown voltage of...

Physics
1.2K views

3 Current falls to zero after time t 2b 4 Current changes at a rate...

Basic Math
1.2K views

The flight path of a rocket, launched from the ground, is modeled by y =...

Statistics
1.2K views

e data you collect is Habits on a Always Sometimes Ne tative ative Message instructor...

Calculus
1.2K views

The concentration, C, of phenylbutazone, in micrograms per milliliter (g/mL), in the plasma of a...

Calculus
1.2K views

Find the horizontal and vertical components of this vector 10 f 17 Round your answer...

Accounting
1.2K views

Which of the following items is reported on the income statement as an expense? This...

Accounting
1.2K views

Successful marketers must pay attention to the distribution of customer service they provide their customers....

Accounting
1.2K views

Use this information for Train Corporation to answer the question that follow. The following financial...