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A firm with sales of $ 1 5 , 0 0 0 , 0 0 0 has inventory of $ 1 , 8 0 0
A firm with sales of $ has inventory of $ The firm has no cash sales all sales are on credit and are collected within days You are willing to sell inventory to the firm on credit provided that you will be paid within days. Should you sell to this firm on credit? Assume there are days in a year. This question is more subtle than it appears. Think through all the given information. Round your answer to the nearest whole number.
On average, it will take you
days to receive the payments, therefore, you
Select
sell to the firm on credit.
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