1. dollar. For percentages (interest rate) round to 2 digits after the decimal ie 10.75% Georgian Company is considering changing their credit policy in an effort to increase sales. They anticipate the change in policy will result in additional sales of $80,000, however, they expect 9% of these new sales to be uncollectible. The costs associated with the sales are, collection costs (5% of sales) and production and selling costs (78% of sales). To generate these sales accounts receivable turnover will be 5 times and inventory turnover will be 4 times. Both turnovers are based on sales. # a. What is the level of accounts receivable required to support the new sales? Apt b. What is the level of inventory required to support the new sales? 1pt c. What is Georgian's forecasted increase in annual income before taxes? 3pts d. What is Georgian's return on the investment in current assets?2pts e. If Georgian's required return on investments is 20%, should Georgian proceed? Why or why not? 3pts