Fin 571 Final Exam Latest Uop Complete Course Tutorials Essay

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Multiple Choice Question 51 You are provided the following working capital information for the Ridge Company: Ridge Company Account $ Inventory $12,890 Accounts receivable 12,800 Accounts payable 12,670 Net sales $124,589 Cost of goods sold 99,630 Cash conversion cycle: What is the cash conversion cycle for Ridge Company? • 38.3 days • 46.4 days • 83.5 days • 129.9 days Multiple Choice Question 58 The cash conversion cycle • begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales. • estimates how long it takes on average for the firm to collect its outstanding accounts receivable balance. • shows how long the firm keeps its inventory before selling it. • begins when the firm invests cash to purchase the raw materials that would be used to produce the goods that the firm manufactures. Want to download the Complete Assignment..?? Click FIN 571 Final Exam Questions with Answers Multiple Choice Question 30 Payout and retention ratio: Drekker, Inc., has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders. Find the firm's dividend payout ratio and retention ratio. • 85%, 15% • 55%, 45% • 15%, 85% • 45%, 55% Multiple Choice Question 75 Firms that achieve higher growth rates without seeking external financing • are highly leveraged. • none of these. • have less equity and/or are able to generate high net income leading to a high ROE. • have a low plowback ratio. Final Exam Answers just a click away FIN 571 Final Exam Latest Multiple Choice Question 67 The strategic plan does NOT identify • working capital strategies. • the lines of business a firm will compete in. • major areas of investment in real assets. • future mergers, alliances, and

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