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Please provide me with the needed explanation... esent value cost? 4. Collen Avenue Bakery purchases flour from a mill on a regular basis. The monthly
Please provide me with the needed explanation...
esent value cost? 4. Collen Avenue Bakery purchases flour from a mill on a regular basis. The monthly purchase scheduling and ending payables is provided below. DEC FEB Purchases Ending Payables 25 JAN 45 50 80 60 MAR 120 80 APR 100 85 MAY 90 70 JNE 50 50 a. C. Calculate the days purchases outstanding for March, April, May, and June using quarterly purchases to calculate the average daily purchases. b. What is your conclusion regarding the firm's payment behavior? Below is presented a table showing the amount of payables remaining in successive months for purchases made during the January through June period of operations. Convert the table to a balance fraction matrix and discuss the firm's payment pattern as represented by the balance fraction table. d. What is your conclusion about the firm's payment pattern? esent value cost? 4. Collen Avenue Bakery purchases flour from a mill on a regular basis. The monthly purchase scheduling and ending payables is provided below. DEC FEB Purchases Ending Payables 25 JAN 45 50 80 60 MAR 120 80 APR 100 85 MAY 90 70 JNE 50 50 a. C. Calculate the days purchases outstanding for March, April, May, and June using quarterly purchases to calculate the average daily purchases. b. What is your conclusion regarding the firm's payment behavior? Below is presented a table showing the amount of payables remaining in successive months for purchases made during the January through June period of operations. Convert the table to a balance fraction matrix and discuss the firm's payment pattern as represented by the balance fraction table. d. What is your conclusion about the firm's payment patternStep by Step Solution
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