Calculate the average period of financial maturity, and indicate the meaning of the results obtained from...

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Calculate the average period of financial maturity, and indicate the meaning of the results obtained from a commercial company that purchases and sells on credit, and offers us the following data from his last financial year expressed in euros: Purchase of goods, 25,000; the average stock of goods in warehouse, 5,000; sales, at sales price, of goods, 30,000, (all goods purchased were supposed to be sold); average customer balance, 4,000; and average provider balance, 2,500. Calculate the average period of financial maturity, and indicate the meaning of the results obtained from a commercial company that purchases and sells on credit, and offers us the following data from his last financial year expressed in euros: Purchase of goods, 25,000; the average stock of goods in warehouse, 5,000; sales, at sales price, of goods, 30,000, (all goods purchased were supposed to be sold); average customer balance, 4,000; and average provider balance, 2,500.

Answer rating: 100% (QA)

To calculate the average period of financial maturity we can use the following formula Average period of financial maturity Average time to collect re... View the full answer