4) ACME currently has $180,000 in accounts receivable, and its days sales outstanding (DSO) is 45 days. It wants to reduce its DSO to 10 days by pressuring more of its customers to pay their bills on time. If this policy is adopted, the companys average sales will fall by 18%. What will be the level of accounts receivable following the change?

5) ACME Company has 3,000,000 in current assets and 1,400,000 in current liabilities. The firm wants to raise dividends by issuing notes payable. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0?