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Essence of Skunk Fragrances, Limited, sells 5 , 3 0 0 units of its perfume collection each year at a price per unit of $

Essence of Skunk Fragrances, Limited, sells 5,300 units of its perfume collection each year at a price per unit of $383. All sales are on credit with terms of 130/, net 50. The discount is taken by 50 percent of the customers. What is the amount of the companys accounts receivable? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32. In reaction to sales by its main competitor, Sewage Spray, Essence of Skunk is considering a change in its credit policy to terms of 330/, net 50 to preserve its market share. Will this change in policy increase or decrease accounts receivable?

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