Hershey Foods Corp has an operating cycle of 164 days. The firm's days' sales in inventory is 63 days. How much does the firm have in receivables if it has credit sales of $700,000

Supplemental agreement

Explanation:

A supplemental agreement is an agreement which is modified (but not replaced and/or rearranged) with the mutual understanding and consent of both the parties involved. The binding spirit of the contract is not affected because of this modification, nor the mutual considerations to be transferred. The reason behind a supplemental agreement could be anything, it might be because for the inclusion of some important consequences that were previously left unmentioned, which could have increased the contractual inadequacy risk for both the parties or any reason detrimental to legal and/or financial capacity of the parties involved.