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20 Required information Ardvark Corp. (AC) reported annual sales of $15,500,000. In the past AC's customers have paid within an average of 35 days. AC's
20 Required information Ardvark Corp. (AC) reported annual sales of $15,500,000. In the past AC's customers have paid within an average of 35 days. AC's management is considering allowing customers to pay in 40 days. Part 3 of 3 If AC increases it collection period to 40 days its average AR will increase to 1 points Multiple Choice Print $1,698,640 $567,000 $2,106,788
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