Finance
Question:
Consider the following financial statement information for the Rivers Corporation:     Item Beginning         Ending     Inventory $ 10,400           $ 11,400      Accounts receivable   5,400             5,700      Accounts payable   7,600             8,000         Net sales       $ 84,000              Cost of goods sold         64,000           Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)         Operating cycle  days     Cash cycle  days

————————————————
Finance
Question:
Here are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Input all amounts as positive values):   COUNTRY KETTLES, INC. Balance Sheet December 31, 2016   2015   2016     Assets               Cash $ 32,000   $ 31,250     Accounts receivable   71,500     74,800     Inventories   62,400     64,875     Property, plant, and equipment   163,000     175,000       Less: Accumulated depreciation   (47,200 )   (51,500 )         Total assets $ 281,700   $ 294,425           Liabilities and Equity               Accounts payable $ 46,500   $ 48,750     Accrued expenses   7,880     6,900     Long-term debt   27,200     30,400     Common stock   32,000     37,600     Accumulated retained earnings   168,120     170,775           Total liabilities and equity $ 281,700   $ 294,425             Item Source/Use   Amount     Cash (Click to select)UseSource $     Accounts receivable (Click to select)SourceUse $     Inventories (Click to select)UseSource $     Property, plant, and equipment (Click to select)SourceUse $     Accounts payable (Click to select)UseSource $     Accrued expenses (Click to select)SourceUse $     Long-term debt (Click to select)SourceUse $     Common stock (Click to select)SourceUse $     Accumulated retained earnings (Click to select)UseSource $

https://applewriters.com/place-order/

Order Now