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and seling costs are 78 percent, and the accounts receivable turnover is four times. Assume income s considering a more liberal credit policy to increase
and seling costs are 78 percent, and the accounts receivable turnover is four times. Assume income s considering a more liberal credit policy to increase sales, but expects that 5 percent of the new accounts will be uncolectible taxes of 30 perc t i ent and an increase in sales of $85,000 No other asset buildup required to service the new accounts your answer as a percent rounded to 2 decimal places.) e. Should O No d
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