Suppose that the billing cycle for a firm is 60 days and they invoice on average $5000
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Suppose that the billing cycle for a firm is 60 days and they invoice on average
$5000 per day. What is the average total dollar amount of outstanding invoices that they carry?
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Related Book For
Production And Operations Analysis
ISBN: 9781478623069
7th Edition
Authors: Steven Nahmias, Tava Lennon Olsen
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