Question: please answer question 9 and 10. thank you so much!! QUESTION 9 Chop Chop. inc is concerned about its bad debt expense, which is approximately
QUESTION 9 Chop Chop. inc is concerned about its bad debt expense, which is approximately 7% of sales The company believest can reduce its risk exposure by The end ofthe new redit policy is expeded to reduce bad debt expense to 5%, but also reduce ov implemening a more comprehensive credit policy erall sales by 8% sales are currently S 100 millon and CoGS are 70%, what would the effect on profi' QUESTION 10 lf 50% of the vendors require cash payment, 25% ha e 30 day terms and the balance have 60 day tems what is th p a ected cash he following is a peo eded inventory purchases for Clotheshorse Cor outtlow for Clotheshorse Corp thru March round answer to nearest whole S) Jan Mar Purchases 100,000 125000 150,000
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