ADM 3350 Study Guide - Midterm Guide: Effective Interest Rate, 3Mv, Accounts Receivable
10 Jul 2014
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Important: please, show your work for all questions (excluding multiple-choice questions, please, keep at least 4 decimal points while performing your calculations. Marks will be deducted for rough rounding!: the exam consists of two parts and one bonus question and is counted out of 40 points. Answer: a: firms aaa and bbb are two identical firm except their short-term financing policy for current assets. Aaa follows flexible short-term financial policy while bbb follows restrictive policy. Part 2: long questions (6 questions, 30 points total) Assume you have the following information about xyz inc: : (1 point) calculate the inventory period. 75: (1 point) calculate the accounts receivable period. eceivable turnover. 5. 182: (1 point) calculate the accounts payable period. 244. 237: (1 point) calculate the operating cycle. Operating cycle = 127. 75 +182. 5 = 56. 36 +34. 07 = 310. 25: (1 point) calculate the cash cycle. It considers implementing some kind of a credit policy.
