kmartina Posts: 1, Reputation: 1 New Member #1 Jan 5, 2008, 07:09 PM
Pay lag = terms lag + due lag
Thus
Pay lag = terms lag + due lag
State how you would expect the following events to affect each type of lag:
a. The company imposes a service charge on late payers.
b. A recession causes customers to be short of cash.
c. The company changes its terms from net 10 to net 20.
 h12406Diak Posts: 1, Reputation: 1 New Member #2 Jan 26, 2009, 09:21 PM
Originally Posted by kmartina
Thus
Pay lag = terms lag + due lag
State how you would expect the following events to affect each type of lag:
a. The company imposes a service charge on late payers.
b. A recession causes customers to be short of cash.
c. The company changes its terms from net 10 to net 20.
 codyman144 Posts: 544, Reputation: 31 Senior Member #3 Jan 26, 2009, 10:46 PM

Post your question in the homework section, and at least try to tell us what you think is right. Then we will help you.

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