What is the firms average accounts payable balance

Assignment Help Financial Management

Reference no: EM131509267

Aggarwal Inc. buys on terms of 2/10, net 30, and it always pays on the 30th day. The CFO calculates that the average amount of costly trade credit carried is $375,000. What is the firm's average accounts payable balance? Assume a 365-day year.

Reference no: EM131509267

Questions Cloud

Which did you find easier to build and debug : Using Visual Studio C++, Build a templated max heap using a linked implementation. Insert 100 unique random int's into the heap. Display the heap.

Analyze the hound of the baskervilles : Analyze ' The Hound of the Baskervilles' by Sir Arthur Conan Doyle according to the scidentific method and formalism.

Announcement of the recapitalization : What is the stock price per share of KD after the announcement of the recapitalization?

How much would the firms pre-tax income have increased : If these changes had been made, by how much would the firm's pre-tax income have increased?

What is the firms average accounts payable balance : Aggarwal Inc. buys on terms of 2/10, net 30, and it always pays on the 30th day. What is the firm's average accounts payable balance?

What is the minimum amount of money tattoo shop would need : What is the minimum amount of money the tattoo shop would need to charge to produce another tattoo (eg the 81st tattoo) and be better off

Which annuity has the greater value today : You're considering 2 annuities, both of which pay a total of $20,000 over the life of the annuity. Annuity A pays $2,000 at the end of each year.

What was the average real risk premium-real risk-free rate : What was the average real risk-free rate over this time period? What was the average real risk premium?

The price of one-year european put option on the stock : The price of a one-year European put option on the stock with a strike price of $35 is quoted as $7 and the price of a one year European call option on stock

User Account

All Pages