Thus dell earned interest on this float the money that it


In 2002, Dell Computer made its suppliers wait 37 days on average to be paid for their goods; however, Dell was paid by its customers immediately. Thus, Dell earned interest on this float, the money that it was implicitly borrowing. If Dell can earn an annual interest rate of 4%, what is this float worth to Dell per dollar spent on inputs?

Request for Solution File

Ask an Expert for Answer!!
Econometrics: Thus dell earned interest on this float the money that it
Reference No:- TGS02206401

Expected delivery within 24 Hours