Please..I need help asap

If a firm pays its bill with a 30 day delay, what fraction of its purchases will be in paid in the current quarter?

Please show me how you get this answer

Since a quarter is three months long, then 2/3 of the firm's purchases are paid in the quarter in which they were made.

Similar Questions
  1. Forcasting PaymentsIf firm pays it's bill with 30 day delay, what fraction of it's purchases will be paid for in the current
    1. answers icon 1 answer
  2. Forcasting PaymentsIf firm pays it's bill with 30 day delay, what fraction of it's purchases will be paid for in the current
    1. answers icon 0 answers
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions