New Year Special - 75% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac75sure

A company has receivables of $60,000, which represents 60 payables days, and payables of $45,000,...

A company has receivables of $60,000, which represents 60 payables days, and payables of $45,000, which represents 45 payables days.

What would be the effect on cash, if receivable days and payables days were reduced to 55 days and 40 days respectively?

A.

An increase of $10,000

B.

A reduction of $10,000

C.

An increase of $5,000

D.

No effect

BA3 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now BA3 pdf
Get 75% Discount on All Products, Use Coupon: "ac75sure"