# 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?

1. 👍
2. 👎
3. 👁
1. Think it through...

If a quarter has approximately 90 days and purchases in 30 of those days, the payment will be in the following quarter, and for purchase in 60 of those 90 days, the payment will be made in the current quarter.... means?

1. 👍
2. 👎

## Similar Questions

1. ### Math

You have six \$1 bills, eight \$5 bills, two \$10 bills, and four \$20 bills in your wallet. You select a bill at random. Without replacing the bill, you choose a second bill. What is P(\$1,then \$10)? A. 77/190 B. 3/100 C.3/95 D.2/5

2. ### Economics

A monopoly firm faces a demand curve given by the following equation: P = \$500 − 10Q, where Q equals quantity sold per day. Its marginal cost curve is MC = \$100 per day. Assume that the firm faces no fixed cost. You may wish to

3. ### MATH

You have five \$1 bills, four \$5 bills six \$10 bills and three \$20 bills. You select a bills at random. Without replacing the bill, You choose a second bill. What is P(\$1, then \$10)?

4. ### math

You have four \$1 bills, two \$5 bills, five \$10 bills, and five \$20 bills in your wallet, you select a bill at random. Without replacing the bill, you choose a second bill. What is P(\$1, then \$10)? 9/39 5/64 3/80 1/12 my answer:

1. ### Economics

You’ve been hired by an unprofitable firm to determine whether it should shut down its unprofitable operation. The firm currently uses 70 workers to produce 300 units of output per day. The daily wage (per worker) is \$100, and

2. ### Math

you have four \$1 bills, two \$5 bills, five \$10 bills, and five \$ 20 bills in your wallet. You select a bill at random. Without replacing the bill, you choose a second bill. What is P(\$1, then\$ 10)?

3. ### algerba 1

4. The total value of the \$1 bills and \$5 bills in a cash box is \$124. There are 8 more \$5 bills than \$1 bills. How many of each are there?

4. ### Algebra

two friends sold many pieces of furniture and made \$1720 during the garage sale. They had fourteen more \$10 bills than \$50 bills. They had 4 more than two times as many \$20 bills as \$50 bills. How many of each denomination did

1. ### algebra

A motel clerk counts his \$1 and \$10 bills at the end of the day. He finds that hes has total of 64 bills having combined monetary value of \$217. Find the number of each denomination that he has.

2. ### English

Which statement best describes purchases made with a credit card? A. Purchases made with this card are withdrawn directly from a bank account. B. Purchases made with this card require a PIN number. C. If you don’t record your

3. ### math

Joseph sold tickets to the school musical. He had 12 bills worth \$175 for the ticketssold. If all the money was \$5 bills, \$10 bills, and \$20 bills, how many of each bill did he have?

4. ### algebra

a bank teller has 52 \$5 and \$10 bills in her cash drawer. the value of the bills is \$460. how many \$5 bills are there?