The following analysis is based on information obtained from 2012 financial stat

Question

The following analysis is based on information obtained from 2012 financial statements of St. Lucie Company, Napers Corporation, and Zonk Company

(In millions)                              St. Lucie                              Napers                               Zonk

Accounts receivable                     10.7                                    18.9                                  12.1

turnover ratio

Inventory turnover                           9.1                                     18.4                                   6.4

ratio

A)  Compute the cash to cash operating cycle for each company for 2012.

B)  What does this ratio measure?  Which company has the better cash to cash operating cycle?

Explanation / Answer

As per your answer it will be lyk dis.

st. luice=10.7+9.1=19.8

Napers=18.4+18.1=36.5

Zonk=12.1+6.4=18.5

Rest explained as above...

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