Etimating the partern of the collection of cotstanding accounts feceivable is key to the cash receipts bodgeting peocess. Which one of the following does Not impart the collection pattern for receivables? Company irruentory cost fow assumption. Company credit policy Company industry Company size Whut can a company do with the informstion created from forecasting cash receipts and cash paymens montha in advance? Prepare the statement of cash flows before the year is over Arrange for necessary loans in advancel Eficiently change from a UFO to a Fifo system Reduce the need to spend money on research and development Heriman Conypany had an avriage collection period of 35 days in Year I and 45 days in Year 2 . Which of the follosing tatements is Thur? The companys credt customers waired longer to pay in Year 2 than they did in Year 1. The amount of the company's accoums payable decreased frem Year 1 to Year 2. The compary waited longer to sell imentory in Year 2 than it did in Year 1 . The amount of the company's inventory decreased from Year 1 to Vear 2