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Accounts receivables. A firm has credit sales of $178,000 yearly with credit terms 35 days that is also the average collection period and no discount

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Accounts receivables. A firm has credit sales of $178,000 yearly with credit terms 35 days that is also the average collection period and no discount for early payment. Now it considers new trade terms of 2/13 net 35 days. The firm finances short-term assets at the bank at a cost of 10.5 percent annually. a. What is the receivables turnover?. Number Round your answer to integer value b. What would be the incremental decrease in account receivables if the new trade terms are accepted by all customers? $ Number Round your answer to two decimals c. What is the opportunity cost of funds? s Number Round your answer to two decimals

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