Business > CASE STUDY > FINC300 Week 3.docx FINC300 Week 3 Homework Solutions American Military University F (All)
FINC300 Week 3.docx FINC300 Week 3 Homework Solutions American Military University F
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FINC300 Week 3.docx FINC300 Week 3 Homework Solutions American Military University FINC300: Foundations of Financial Management Week 3 Homework Solutions Exercise 1 from Chapter 11 on Page 198... I can conclude the following from exercise one from page 198: What is Known: Sales= 100% Raw materials used = 30% Direct production cost = 40% Administrative cost = 20% Operating cycle: Raw materials inventory = 15 days Length of production cycle = 1 month Inventories of finished product = 15 days Payment Terms: Suppliers = 2 months Customers = 1 month % of Sales Production Cost Value in Days of Sale Raw Materials 30% 15 Days 4.5 Days Work in Progress (+) (30% x 30 D) + (40% x 15 D) 15 Days Inventories of finished 90% 15 Days . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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