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Afirm's annual credit sales are $1.71 million, with 49,56% of its daily average pald out in purchases. It usually takes the company 34 days to

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Afirm's annual credit sales are $1.71 million, with 49,56% of its daily average pald out in purchases. It usually takes the company 34 days to meet its purchasing obligations. This payment pattern has not changed in recent years. However, the firm's commitment to accounts recevable has shifted based on its current annual net Income of $28.6k which meets the 3.44% required return, anticipated by senior management a year earlier. Normally, the firm collects its accounts in 23 days an average which remains unaffected, Required: in percentage terms, by how much are the firm's receivables greater for less) than its payables? Note: The term "k" is used to represent thousands (* $1,000). (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)

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