(Answered) A firm offers terms of 315 net 30nbspcurrently two-thrids

Management Studies

A firm offers terms of 3/15 net 30. Currently two-thrids of all customers take advantage of the trade discount; the remainder pay bill at the due date.

a) What will be the firms typical value for its accounts receivable period?

b) What is the average investment in accounts receivables if annual sales are $20M

c) What would likely happen to the firms accounts receivable period if it changed its terms to 4/15 net 30?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92448952
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Read through the case study entitled mampl manufacturing in

Read through the Case Study entitled "M&L Manufacturing" in Chapter 3 of your textbook. Examine the historical trend this company has experienced for the two products discussed. Prepare weekly forecasts for the next four ...

Describe your approach to tracking a project what kind of

Describe your approach to tracking a project, what kind of issues would focus on if you were a project manager.

Explain using diagrams what is a normal profit and why

Explain, using diagram(s) what is a normal profit and why would someone want to keep their business running when they are making a normal profit.

Assume that the hypothetical economy of mo has 8 workers in

Assume that the hypothetical economy of Mo has 8 workers in year 1, each working 1,500 hours per year (50 weeks at 30 hours per week). The total input of labor is 12,000 hours. Productivity (average real output per hour ...

Tactical operational exercises incorporate determination

Tactical operational exercises incorporate determination making in a management model of a business. What aspect are not covered by the tactical operations?

Why is it critical first to identify what employees need to

Why is it critical first to identify what employees need to learn before deciding on a method to use in training them?

Decision support systems dss what sorts of dss tools do you

Decision support systems (DSS). What sorts of DSS tools do you use at your work - e.g., what-if analysis, sensitivity analysis, scenario analysis, goal-seeking analysis, optimization analysis, etc.? Even if you don't use ...

Identify three leadership traits from the trait theory you

Identify three leadership traits from the Trait Theory you feel you do or do not possess. You may identify three that you do possess, or three that you do not possess, or one you possess and two you do not possess, etc. ...

What are the similarities of organizational and

What are the similarities of organizational and environmental pressures?

If we know fc mc profit and quantity why to find profit

If we know FC, MC, Profit and Quantity, why to find profit maximizing price in short run we use formula Profit=(P-MC)Q ? How can I can come up with this formula? Profit=TR-TC, how from this formula we get the one above? ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert