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Essence of Skunk Fragrances, Limited, sells 9 , 3 0 0 units of its perfume collection each year at a price per unit of $

Essence of Skunk Fragrances, Limited, sells 9,300 units of its perfume collection each year at a price per unit of $415. All sales are on credit with terms of 110, net 40. The discount is taken by 45 percent of the customers.
a. What is the amount of the company's accounts receivable?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,3216.
b. In reaction to sales by its main competitor, Sewage Spray, Essence of Skunk is considering a change in its credit policy to terms of 210, net 30 to preserve its market share. Will this change in policy increase or decrease accounts receivable?
a. Average receivables
b. Accounts receivable
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