EP APLIA FOR BRIGHAM/HOUSTON'S FUNDAMEN
EP APLIA FOR BRIGHAM/HOUSTON'S FUNDAMEN
9th Edition
ISBN: 9781337697705
Author: Brigham
Publisher: Cengage Learning
Question
Book Icon
Chapter 15, Problem 2P
Summary Introduction

To determine: The day sales outstanding, the day sales outstanding in the case when customers are paid on time and the amount of capital released.

Introduction:

Receivables Investment:

The receivables are the cash, which the company owes from its customers. These are the cash which will be received from the customers, so that they are known as receivables. The investment of the receivables is known as the receivables investment. The company can earn a good value of return by investing the receivables.

Blurred answer
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Essentials Of Investments
Finance
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Mcgraw-hill Education,
Text book image
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:9781260013962
Author:BREALEY
Publisher:RENT MCG
Text book image
Financial Management: Theory & Practice
Finance
ISBN:9781337909730
Author:Brigham
Publisher:Cengage
Text book image
Foundations Of Finance
Finance
ISBN:9780134897264
Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:Pearson,
Text book image
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Text book image
Corporate Finance (The Mcgraw-hill/Irwin Series i...
Finance
ISBN:9780077861759
Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:McGraw-Hill Education