pls answer a-e. pls round to one decimal place

(Efficiency analysis) ALei Industries has credit sales of $151 million a year. ALei's management reviewed its credit policy and decided that it wants to maintain an average collection period of 40 days. a. What is the maximum level of accounts receivable that ALei can carry and have a 40-day average collection period? b. If ALei's current accounts receivable collection period is 60 days, how much would it have to reduce its level of accounts receivable in order to achieve its goal of 40 days? a. What is the maximum level of accounts receivable that ALei can carry and have a 40-day average collection period? The maximum level of accounts receivable will be $ million. (Round to one decimal place.) Question Viewer Enter your answer in the answer box and then click Check Answer. Activate lir Go to Settings to Check Answer Clear All part remaining