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mantparn mantparn
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7 years ago
Danny's Distributing, Inc. has completed an analysis of check-clearing times of five key suppliers. On a weekly basis, the firm has a $50,000 check disbursed to each of these suppliers, totaling $250,000. In examining the check-clearing times of each supplier, the firm revealed:



Given this information, what recommendation would you give the firm with respect to paying its suppliers weekly? Explain.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
6 years ago
Whoa I needed this Smiling Face with Open Mouth
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