Solved

Zoe Limited Has a Cash Conversion Cycle of 30 Days

Question 6

Multiple Choice

Zoe Limited has a cash conversion cycle of 30 days, receivables days of 40 and payables days of 20. What is Zoe Limited's inventory days figure?

A) 10 days
B) 20 days
C) 50 days
D) 90 days

Related Questions

Q1: At 31 December 2021, Martha Limited has

Q2: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£000\\\text {Current

Q3: Goggle Limited has the following figures

Q4: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£\\\text {Trade

Q5: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£000\\\text {Sales}&15,000\\\text

Q7: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll }&£\\ \text {Trade

Q8: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll }&£\\ \text {Opening

Q9: Odessa Limited has the following profit

Q10: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£\\\text {Inentory

Q11: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£\\\text {Trade