6. Calculate the change between the old and new accounts receivable collection period: a. decreases by 4.75 days b. increases by 1.4 days c. decreases by 2 days d. increases by 4.75 days 4 7. After the credit changes, the new net income is projected to be a. $28,800 b. $26,000 c. $22,860 d. $26,460 2 What is the amount of the new accounts receivable after the credit change? a. $16,447 b. $15,564 c. $16,000 d. $18,954 0 9. What will cash be after the increase in sales if cash remains the same percent of sales? a. $30,000 b. $33,700 c. $34,000 d. $34,500