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

How does a marriage type relationship differ from other human relationships and state two of its...

Psychology
Q

When the first nuclear bomb was detonated, some scientists believed that a huge nuclear chain reaction would...

Physics
Q

ST 47 3t 27 70 The graph above is a graph of what function f...

Geometry
Q

Suppose and y are both differentiable functions of t andxy = ? 8Determinedydt=dydt"dxdtgiven = 6,...

Calculus
Q

any cost accounting expert that can help with a project that I have due? I...

Accounting
Q

College Accounting Chapters 1-13 15th Edition Exercise 7.6Computing a trade discount....

Accounting
Q

Required information Skip to question [The following information applies to the questions displayed...

Accounting
Q

The petty cash box contained $26 on October 31 along with receipts for $116 for...

Accounting
Q

Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning...

Accounting
Q

Current Attempt in Progress Your answer is partially correct. Use a tabular summary to record...

Accounting
Q

Pharoah Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data...

Accounting
Q

Saved hares: Retired & Treasury Shares i National Supply's shareholders' equity included the following accounts...

Finance