On average, it takes Microlimps customers 60 days to pay their bills. If Microlimp has annual sales

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On average, it takes Microlimp’s customers 60 days to pay their bills. If Microlimp has annual sales of $500 million, what is the average value of unpaid bills?

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Principles Of Corporate Finance

ISBN: 9780077398040

10th Edition

Authors: Richard Brealey

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Question Posted: Jul 31, 2024 06:00 AM

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On average, it takes Microlimps customers 60 days to pay their bills. If Microlimp has annual sales

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Principles Of Corporate Finance

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