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Your fiRm Deals Strictly with Three Customers

question 119

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Your firm deals strictly with three customers. The average amount that each customer pays per month along with the collection delay associated with each payment is shown below. Given this
Information, what is the weighted average delay? Assume that every month has 30 days. Your firm deals strictly with three customers. The average amount that each customer pays per month along with the collection delay associated with each payment is shown below. Given this Information, what is the weighted average delay? Assume that every month has 30 days.   A)  3.11 days B)  3.43 days C)  3.59 days D)  3.65 days E)  3.80 days


Definitions:

Unidirectional

Moving in only one direction.

Bidirectional

An object that moves in two directions.

Like Charges

Charges that are the same, either both positive or both negative, which repel each other according to Coulomb's law.

Attraction

The force that draws two objects toward each other, such as the electromagnetic force between oppositely charged particles or between magnetic poles.

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