Question: i want the answer rounded to 2 decimal places for example 17.23 Afirm's annual credit sales are $1.87 million, with 49.65% of its daily average

i want the answer rounded to 2 decimal places for example 17.23 i want the answer rounded to 2 decimal places for example 17.23

Afirm's annual credit sales are $1.87 million, with 49.65% of its daily average paid out in purchases. It usually takes the company 31 days to meet its purchasing obligations. This payment pattern has not changed in recent years. However, the firm's commitment to accounts receivable has shifted based on its current annual net income of $27.88k which meets the 3.97% required return, anticipated by senior management a year earlier. Normally, the firm collects its accounts in 24 days, an average which remains unaffected. Required: In percentage terms. by how much are the firm's receivables greater (or less) than its payables? Note: The term "k" is used to represent thousands (x $1.000). % (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)

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