The utopian approach to valuation ignores which of the following venture scenarios:
Select one:
a. black hole scenarios
b. living dead scenarios
c. both a and b
d. neither a or b
Your firm has an average collection period of 36.5 days. Sales revenues are $30,000. What is your firm's average investment in accounts receivables?
Select one:
a. $3,650
b. $3,000
c. $1,000
d. $ 822
e. $ 444
Your firm has inventory of $188,000, cost of goods sold of $522,000, and accounts receivable of $214,000. What is your inventory conversion period? Show working