An entrepreneur who is considering purchasing a business is... An entrepreneur who is considering purchasing a business
Fantastic news! We've Found the answer you've been seeking!
Question:
An entrepreneur who is considering purchasing a business is...
An entrepreneur who is considering purchasing a business is analyzing a company's accounts receivable. The following table summarizes her findings.
Age of Accounts | Amount | Probability of Collection |
0 - 30 days | $12,000 | .96 |
31 - 60 days | $ 4,000 | .87 |
61 - 90 days | $ 2,500 | .71 |
91 - 120 days | $ 1,400 | .65 |
121+ days | $ 800 | .24 |
Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
Posted Date: