QUESTION 17 1points Save Answer Harper Corp.'s sales last year were $395,00, and its year-end receivables were S42,500. Harper sells on terms that call for customers to pay 30 purchase, but many delay payment beyond Day 30. On average, how many days late do customers pay? Base your answer on this equation: Dso- Allowed credit period - Average days late, and use a 365-day year when calculating the DSO. Oa. 7.95 8.37 O G. 8.81 O d. 9.74 9.27 QUESTION 18 1 pointsSave Answer Amram Company's current ratio is 1.9. Considered alone, which of the following actions would reduce the cmpany's current ratio? O a Use cash to reduce short-term notes payable. Ob. Use cash to reduce accounts payable. Oa. Use cash to reduce accruals. d. Borrow using short-term notes payable and use the proceeds to reduce long-term debt. e. Borrow using short-term notes payable and use the proceeds to reduce accruals