Investment cash flows: Keswick Supply Company wants to set up a division that provides copy and fax
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Investment cash flows: Keswick Supply Company wants to set up a division that provides copy and fax services to businesses.
Customers will be given 20 days to pay for such services. The annual revenue of the division is estimated to be $25,000. Assuming that the customers take the full 20 days to pay, what is the incremental cash flow associated with accounts receivable?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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