Which of the following is true about the Accounts Receivable Lag and its implications on demand? a. If you offer no credit, demand falls to about 60% of normal. b. At 30 days, demand is 90%. c. At 45 days, demand is 95%. d. At 60 days, demand is 98.5%. e. At 90 days, demand is 100%.

Which of the following is true about the Accounts Receivable Lag and its implications on  demand?
a. If you offer no credit, demand falls to about 60% of normal.
b. At 30 days, demand is 90%.
c. At 45 days, demand is 95%.
d. At 60 days, demand is 98.5%.
e. At 90 days, demand is 100%.
by

1 Answer

Answer :

d. At 60 days, demand is 98.5%.
by

Related questions

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