A companys terms are net 30 and the ACP is 35 days. Is that cause for alarm?

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A company’s terms are net 30 and the ACP is 35 days. Is that cause for alarm? Why or why not?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 03:32 AM

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A companys terms are net 30 and the ACP is 35 days. Is that cause for alarm?

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Probably not since customers routinely stretch payables a...View the full answer

Practical financial management

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