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2. Post Company's net sales in 20Y1 were $10,0o0,000 and its cash cost of goods sold was $5,500,000. Also in 20Y1, its accounts receivable days
2. Post Company's net sales in 20Y1 were $10,0o0,000 and its cash cost of goods sold was $5,500,000. Also in 20Y1, its accounts receivable days on hand were 37 days and its inventory days on hand were 62 days. The company projects its 20y2 net sales will be $11,000,000 and its cash cost of goods sold will be $6,100,000. It is projecting that its accounts receivable days on hand will be 39 days and its inventory days on hand will b of the lengthening of its accounts receivable days on hand? e 65 days. What would be the impact on Post Company's cash flow An increase of $60,274 A decrease of $60,274 An increase of $54,795 A decrease of $54,795
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