Why might the time lag for intramultinational firm accounts receivable and payable (that is, all received or

Question:

Why might the time lag for intramultinational firm accounts receivable and payable (that is, all received or paid to a parent or sister subsidiary) differ substantially from the time lags reported for transactions with unaffiliated companies?
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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Multinational Business Finance

ISBN: 978-0132743464

13th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

Question Posted: