|
Title: An entrepreneur who is considering purchasing a business is analyzing a company's accounts ... Post by: WXWP on Aug 10, 2017 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 How much should this potential buyer be willing to pay for these accounts receivable? A) Nothing ; a buyer should never purchase existing accounts receivable. B) $20,700 C) $17,877 D) Not enough information given to determine Title: Re: An entrepreneur who is considering purchasing a business is analyzing a company's accounts ... Post by: Calberto on Aug 10, 2017 Content hidden
|