An accounts receivable manager processes 200 checks per day with an average processing time of 15 working days What is the average number of accounts receivable checks being processed in her office What if through information technology she reduces the processing time from 15 days to 10 days to 5 d...

WIP R T 200 checksday 15 days 3000 checks WIP R T 200 checksday 10 ...

An accounts receivable manager processes 200 checks per day with an average processing time of 15 working

Question:

An manager processes 200 checks per day with an average processing time of 15 working days. What is the average number of checks being processed in her office? What if through information technology she reduces the processing time from 15 days to 10 days to 5 days? What are the advantages and disadvantages of adopting this technology? Explain.
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...