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Forecasting a payment
[ 2 Answers ]
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? Ok so If I am thinking of this right the fraction would be 1/3 for the 30 day and then... I think I...
Forecasting payments
[ 3 Answers ]
Hello, I have not clue how to derive at this answer. I am not looking for the answer just help? If a firm pays its bills with a 30-day , what fraction of its purchases will be paid for in the current quarter? Do I divide 30 days by how many days are in the quarter and figure out the... View more questions Search
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