# Financing

posted by .

If a firm pays its bill with a 30 day delay, what fraction of its purchases will be in paid in the current quarter?

Since a quarter is three months long, then 2/3 of the firm's purchases are paid in the quarter in which they were made.

## Similar Questions

1. ### Accounting ASAP

Forcasting Payments If firm pays it's bill with 30 day delay, what fraction of it's purchases will be paid for in the current quarter?
2. ### accouting

If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid for in the current quarter?
3. ### Finance

Forecasting Payments. If a firm pays its bills with a 30-day delay, what
4. ### UofP

Forcasting Payments If firm pays it's bill with 30 day delay, what fraction of it's purchases will be paid for in the current quarter?
5. ### ACCOUNTING

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?
6. ### accounting

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?
7. ### finance

If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid for in the current quarter?
8. ### acounting

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?
9. ### Math

Given the following information: current assets = \$400; fixed assets = \$500; accounts payable = \$100; notes payable = \$45; long-term debt = \$455; equity = \$300; sales = \$450; costs = \$400; tax rate = 34%. Suppose that current assets, …