Question: Given the data for Telecraft Enterprises in Problem 14.21, re-estimate the firms operating cycle if days sales outstanding decreased to 75 days. For the same

Given the data for Telecraft Enterprises in Problem 14.21, re-estimate the firm’s operating cycle if days sales outstanding decreased to 75 days. For the same level of sales, what is the implied dollar value of receivables with 75 days’ sales outstanding?

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