cheryld
Nov 4, 2007, 01:24 PM
14. Forecasting Payments.
If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid for in the current quarter?
In the following quarter?
What if its payment delay is 60 days?
If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid for in the current quarter?
In the following quarter?
What if its payment delay is 60 days?