Financial Management: Core Concepts, Third Edition

1. Average production cycle. Find the average production cycle for Rian Company.

2. Average production cycle. For the coming year, Rian Company wants to reduce its average production cycle to thirty days. If the target-ending inventory for 2015 is $61,000, what cost of goods sold will the company need to reach its goal?

3. Average collection cycle. What is the average collection cycle for Rian Company?

4. Average collection cycle. Rian Company had set a target of twenty days for the collection cycle for 2014. If total sales had remained at $970,000, how much of the sales revenue would have needed to be cash sales for the company to have met the collection goal?

5. Average accounts payable cycle. Calculate Rian Company’s average accounts payable cycle.

6. Average ...