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? In the following quarter? What if its payment delay is 60 days?

It will pay 1/4 of its yearly bills each quarter -- no matter what its payment delay is.

With a 30-day delay, it will pay 2/3 of its current quarter's bills plus 1/3 of the previous quarter's bills.

  1. 👍 0
  2. 👎 0
  3. 👁 66
asked by mike

Respond to this Question

First Name

Your Response

Similar Questions

  1. 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? In the following quarter? What if its payment delay is 60 days?

    asked by Jack on November 18, 2007
  2. 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? In the following quarter? What if its payment delay is 60-days?

    asked by James on February 20, 2008
  3. 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? In the following quarter? What if its payment delay is 60 days?

    asked by Damon on August 9, 2007
  4. 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? In the following quarter? What if its payment delay is 60 days?

    asked by TONY on July 31, 2007
  5. 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? I following quarter? What is it's payment delay is 60 day. Assuming that this company opened

    asked by Neena on June 26, 2006
  6. 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? In following quarter? What is it's payment delay is 60 day. 30 day 1/2, current all 60 day 1/3

    asked by Patty on March 25, 2007
  7. Financing

    Please..I need help asap If a firm pays its bill with a 30 day delay, what fraction of its purchases will be in paid in the current quarter? Please show me how you get this answer Since a quarter is three months long, then 2/3 of

    asked by je on June 13, 2007
  8. Finance

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

    asked by Anonymous on February 25, 2007
  9. statistics

    The customer bills in a family restaurant are normally distributed. The bills mean is $28 and has a standard deviation of $6. a. Identify what the random variable you are measuring is in this problem. b. What is the probability

    asked by James on June 22, 2013
  10. PLEASE HELP!!! ALGEBRA

    A bank teller is counting the total amount of money in a cash register at the end of the day. There is a total of $2600 in denominations of $1, $5, $10 and $20 dollar bills. The total number of paper bills is $235. The number of

    asked by Jona on February 19, 2013

More Similar Questions