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Occasionally the financial manager will use to roughly estimate how long a given sum must earn at a given annual rate to double that
Occasionally the financial manager will use to roughly estimate how long a given sum must earn at a given annual rate to double that amount.* time-to-double tables the rule of 72 nominal intertest rates derivatives Shares of are units of ownership interest, or equity, in a company. * debt commercial paper common stock preferred stock ABC Company Limited has inventory of $2,490, and cost of goods sold of $8,090. The accounts receivable stands at $8,900, the total credit sales are $11,420 and the accounts payable is $4,890. The period is of 365 days. Calculate average sales period. *. 112.65 days 221.21 days 285.15 days 176.59 days
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