Question
Twyla is considering requiring purchases of a certain size to be prepaid. She feels accounts paid within 60 days or less are acceptable and is
Twyla is considering requiring purchases of a certain size to be prepaid. She feels accounts paid within 60 days or less are acceptable and is considering requiring prepayment for accounts that are likely to take more than 60 days to pay. Based on the data provided, what advice can you give her? Hint: Use your analysis above and the forecast.linear function or a regression analysis to investigate. Add any additional analysis and your conclusions to your Req9 sheet. When you present this analysis to her, alert her to any other issues she might also consider if making this policy change. For example: What would be the potential revenue impact to such a change? Are there limitations to this analysis? Should additional analysis be evaluated? If you can provide that analysis with the data available, do so. If not, what additional data would be required? Hint: your analysis may not support your original expectations
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