Green apple fruit farms has a four-day delay in processing, Finance Basics

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Green apple fruit farms has a four-day delay in processing

Green Apple Fruit Farms has a four-day delay in processing and clearing. The daily interest rate is .23%. On an average day, the firm receives $7500 in payments. What is the company's float? What is the company's average collection float in a month that has 30 days?

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Finance Basics: Green apple fruit farms has a four-day delay in processing

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Finance Basics: Green apple fruit farms has a four-day delay in processing

Reference No:- TGS0601728

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : A 500g sample of water vapor initially at 155c is cooled at

Q : On average your firm sells 26500 of items on credit each

Q : An office workers wants to plug in a 3000 watt 110 volt

Q : Design a garage door controller using plc ladder diagram

Q : Green apple fruit farms has a four-day delay in processing

Q : In an interstellar gas cloud at 482 k the pressure is 116 x

Q : A box of volume 200 l contains 150 moles of an ideal gas

Q : From the e-activity examine the findings of the studies

Q : Suppose we have a resistive load that varies from 5 kohms

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Green apple fruit farms has a four-day delay in processing

Reference No:- TGS0601728

Recent Questions Asked Finance Basics

Q : A 500g sample of water vapor initially at 155c is cooled at

Q : On average your firm sells 26500 of items on credit each

Q : An office workers wants to plug in a 3000 watt 110 volt

Q : Design a garage door controller using plc ladder diagram

Q : Green apple fruit farms has a four-day delay in processing

Q : In an interstellar gas cloud at 482 k the pressure is 116 x

Q : A box of volume 200 l contains 150 moles of an ideal gas

Q : From the e-activity examine the findings of the studies

Q : Suppose we have a resistive load that varies from 5 kohms

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