bles of Finance Afirm's annual credit sales are $1.72 million with 48.17% of its daily average paid out in purchases. It usually takes the company 30 days to meet its purchasing obligations. This payment pattern has not changed in recent years. However, the firm's commitment to accounts receivable has shifted based on its current annual net income of $27.86k which meets the 2.91% required return, anticipated by senior management a year earlier. Normally, the firm collects its accounts in 22 days, an average which remains unaffected. Required: In percentage terms, by how much are the film's receivables greater (or 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) NEXT PAG PAGE