Example 2 chap 5

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
March 23, 2018 at 11:20 am #443589
humai
Participant
- Topics: 757
- Replies: 248
Sir in example 2 of chapter 5, because of decrease in receivable why we have calculated interest saving?
March 24, 2018 at 9:51 am #443660
John Moffat
Keymaster
- Topics: 57
- Replies: 54858
Because if receivables are paying faster then there will be a lower overdraft and therefore less interest.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Example 2 chap 5’ is closed to new replies.