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Danny's Distributing, Inc

Question 166

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Danny's Distributing, Inc. has completed an analysis of check-clearing times of five key suppliers. On a weekly basis, the firm has a $50,000 check disbursed to each of these suppliers, totaling $250,000. In examining the check-clearing times of each supplier, the firm revealed: Danny's Distributing, Inc. has completed an analysis of check-clearing times of five key suppliers. On a weekly basis, the firm has a $50,000 check disbursed to each of these suppliers, totaling $250,000. In examining the check-clearing times of each supplier, the firm revealed:   Given this information, what recommendation would you give the firm with respect to paying its suppliers weekly? Explain. Given this information, what recommendation would you give the firm with respect to paying its suppliers weekly? Explain.

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