Question: Please show ALL work and complete ALL steps! Thank you in advance! Homework: Chapter 14 Homework Save Score: 0 of 1 pt 3 of 6
Homework: Chapter 14 Homework Save Score: 0 of 1 pt 3 of 6 (3 complete) HW Score: 29.17%, 1.75 of 6 pts me P14-8 (similar to) Question Help Accounts receivable changes without bad debts Taras Textiles currently has credt sales of s361 million per year average collection days Assume price of sis S61 per unit and that the variable S54 per unt The firm is accounts receivable change that wa accounts receivable is 142% (Note: Use a 365 day year) change" Daddobts sexpockd The msequa risk opportunity cost ts investment a. Calculate the addnonal profir conmibuton from new sales that he firm wil realze makes the proposed change. b. What marginal investment in accounts receivable wi result? e. Calculate cost of the recewabk d should the fem implement the proposed change? What other ntormaton would be helpful in your analysis? a. The additional profit contribution from the increase in sale units is B533805 (Round to nearest douar) b. The marginal investment in accounts receivable is $21565087 (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer Clear All Check
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