- This topic has 3 replies, 2 voices, and was last updated 10 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
In general, financing saving is the difference between current and revised receivable balance@interest rate, but this question is overdraft @interest rate . I just wonder the reason desperately.
The reason it is usually just the change in receivables is because if only receivables get smaller than the overdraft will reduce by the same amount.
Here it is not just receivables that are changing but inventories and payables as well.
As a result the overdraft changes because of all of them and the interest is always on the change in the overdraft.
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.