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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Production And Operations Analysis

ISBN: 9781478623069

7th Edition

Authors: Steven Nahmias, Tava Lennon Olsen

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