单选题
The following data applies to the XTC Company: Sales = $1000000 Receivable = $ 260000 Net Income = $ 50000 COGS = $ 800000 Total Assets = $ 800000 Payables = $ 600000 Debt/Equity = 200% Inventory = $ 400000 What is the average collection period, the average inventory processing period, and the payables payment period respectively for XTC Company? Average Average Inventory Payables Collection Period Processing Period Payments Period ①A. 55 days 195 clays 231 days ②B. 95 days 183 clays 274 days ③C. 45 days 45 days 132 clays
【正确答案】
B
【答案解析】Receivables turnover = $1000000/$ 260000 = 3.840.
Average collection period = 365/3.840 = 95.05 or 95 days.
Inventory turnover = $ 800000/$ 400000 = 2.
Average Inventory Processing Period = 365/2 = 183 days.
Payables turnover ratio = $ 800000/$ 600000 = 1.333.
Payables payment period = 365/1.333 = 273.82 or 274 days.