Correct! Toyota should borrow at 7.6% in order to receive the 2,910% annualized discount. Toyota takes...

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Correct! Toyota should borrow at 7.6% in order to receive the 2,910% annualized discount. Toyota takes an average of 33 days to pay for average daily credit purchases of $676,660. Its average daily sales are $872,891 and it collects accounts in 42 days. What is their net credit position? Jason Cooper $196,222 Hint: Net credit position is the difference between the average accounts receivable and average accounts payable. What is their net credit position? Enter a response then click Submit below $ 0 Submit Correct! Toyota should borrow at 7.6% in order to receive the 2,910% annualized discount. Toyota takes an average of 33 days to pay for average daily credit purchases of $676,660. Its average daily sales are $872,891 and it collects accounts in 42 days. What is their net credit position? Jason Cooper $196,222 Hint: Net credit position is the difference between the average accounts receivable and average accounts payable. What is their net credit position? Enter a response then click Submit below $ 0 Submit