Do Homework-Raul Moreno Secure l https://www.mathxl.com/Student/PlayerHomework.a

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Do Homework-Raul Moreno Secure l https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkid=433566512&questionId;=2&flushed;=true&cid;=4530879&centerwin-yes; FINA3380-01 Fall 2017 Raul Moreno 11/28/17 12:37 PM Homework: Chapter 14 Homework Save Score: 0 of 9 pts 2 of 6 (6 complete) HW Score: 47.06%, 8 of 17 pts Instructor-created question Question Help * Income Statement (All numbers in millions) Revenue Sales COGS Gross Profit Operating Expenses Research Development Selling General and Administrative Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net 12/31/2016 94,571 80,790 13,781 4,627 3,313 5,834 Earnings Before Interest and Taxes Interest xpense Income Before Tax Income Tax Expense Minority Interest Net Income 5,874 306 5,568 673 60 4,895 Balance Sheet (All numbers in millions) Click to select your answer(s) and then click Check Answer. Clear All Check Answer

Explanation / Answer

average age of the inventory = (43199 / 80790) * 365 = 195.17 days

average collection period = (9260 / 94571) * 365 = 35.74 days

average payment period = (49750/ 80790) * 365 = 224.76 days

operating cycle = 195.17 + 35.74 = 230.91 days

cash conversion cycle = 195.17 + 35.74 - 224.76 = 6.14 days

f)

As CCC is positive

Boeing has a cash outflow before a cash inflow (Option A)

g)

amount of resources = 43199 + 9260 - 49750 = 2709

h)

cash conversion cycle = 150 + 35.74 - 224.76 = -39.02 days

i)

As CCC is nesitive

Boeing has a cash intflow before a cash outflow (Option B)

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