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a. answer is correct i just want b. answer please Problem 7-18 (Algo) Credit pollcy declsion-recelvables and inventory [LO7-4, 7-5] Henderson Office Supply is considering

a. answer is correct
i just want b. answer please image text in transcribed
Problem 7-18 (Algo) Credit pollcy declsion-recelvables and inventory [LO7-4, 7-5] Henderson Office Supply is considering a more liberal credit policy to increase sales but expects that 7 percent of the new accounts will be uncollectible. Collection costs are 2 percent of new sales. production and selling costs are 79 percent, and accounts receivable tumover is two times. Assume income taxes of 30 percent and an increase in sales of $81,000. No other asset buildup will be required to service the new accounts. o. What additional investment in accounts receivable is needed to support this sales expansion? b. What would be Henderson's incremental aftertax return on investment? Note: Input your answer as a percent rounded to 2 decimal places

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