Suppose that you are considering making a working capital loan to a business customer of your bank.

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Suppose that you are considering making a working capital loan to a business customer of your bank. You do the cash to cash cycle analysis and determine that the firm’s daily average cost of goods sold is $ 50,000. What does this mean?

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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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Question Posted: Nov 03, 2015 06:00 AM

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Suppose that you are considering making a working capital loan to a business customer of your bank.

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If the days cashtocash cycle is longer for assets ...View the full answer

Bank Management

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