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3. Bravo Inc. offers sales terms of 30 days, but as sales have grown, collection of accounts receivable has gone from an average of 28

3. Bravo Inc. offers sales terms of 30 days, but as sales have grown, collection of accounts receivable has gone from an average of 28 days to 38 days. To address this, two new collections staff have been employed, doubling the collection team. As a result, the business is projecting that receivables will be collected on an average of 36 days next year. What is your assessment of this assumption?

A. This assumption is plausible.

B.This assumption is too aggressive.

C.This assumption is overly conservative.

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