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Forecasting Payments. If a firm pays its bills with a 30 day delay, what fraction of its purchases will be paid for in the current quarter? In the following quarter? What if its payment delay is 60 days?

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Forecasting Payments. If a firm pays its bills with a 30 day delay, what fraction of its purchases will be paid for in the current quarter? In the following quarter? What if its payment delay is 60 days?

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