question archive 1) The company’s cash flow cycle extends up to 50 days
1) The company’s cash flow cycle extends up to 50 days
Subject:FinancePrice:2.86 Bought3
1) The company’s cash flow cycle extends up to 50 days. Receivables age is for 20 days. Average age in inventory is twice as long as days receivable. For how long is the company’s deferral period?
2) Assume that each day a company writes and receives checks totalling P10,000. If it takes 5 days for the checks to clear and be deducted from the company’s account, and only 4 days for the deposits to clear, what is the float?
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