The CEO of J&B, Ld., would like to propose in the next Council meeting a...
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Accounting
The CEO of J&B, Ld., would like to propose in the next Council meeting a rise of capital as one of the possible ways to increase the forecast of the working capital for the next financial year and reached 6,000,000 . This number will allow the company to have a degree of robustness comparable to other competitive companies in the industry. Average Deferments (days) 10 Raw Materials Salaries Overheads Daily Amount 60.000 150.000 90.000 If the operating cycle is 30 days, what should the manager answer if a director asks him about the average deferment of the overheads
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