The following data were extracted from the financial statements of Zinc Incorporated. Assuming the year has 365 days, calculate the operating cycle and cash conversion cycle of Zinc Inc. [4.5+ 4.5 = 9 marks] Annual credit sales = $70,000 Annual cost of goods sold = $42,500 A Inventory = $7,500 Accounts receivable = $4.800 Accounts payable= $4,000 ii). Discuss three important ways in which the CCC could be reduced.
(b) If the only options traded on the underlying are European calls, how would you replicate
(b) If the only options traded on the underlying are European
calls, how would you replicate the payoff?
1. Accelerated Return Notes provide payoffs at maturity that
depend on the value of an under-ly
Among mutually exclusive investments, the one with the highest internal rate of return
Among mutually exclusive investments, the one with the highest
internal rate of return also has the highest net preset value.
Group of answer choices
True
False
Change in operating cash flows of an investment may be determined by: (change in revenues
Change in operating cash flows of an investment may be
determined by:
(change in revenues – change in expenses) x (1-tax rate) –
change in depreciation x tax rate.
Group of answer choices
True
False
The incremental operating cash flows of an investment may include the following: Group
The incremental operating cash flows of an investment may
include the following:
Group of answer choices
Change in revenues
Change in capital outlay
Change in depreciation expenses
Change in operating