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iu.instructure.com Incorrect Question 7 0 / 3 pts cements Yana and Ursula's Corporation (traded as YUC on the NASDAQ) have annual credit sales of $255,000.

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iu.instructure.com Incorrect Question 7 0 / 3 pts cements Yana and Ursula's Corporation (traded as YUC on the NASDAQ) have annual credit sales of $255,000. Their credit terms are 2/18, net 30. Additionally, 50% of their customers take the discount and pay on day 18, and 50% of their customers pay on ents day 30. (Assume a 360 day year) ons If a new and aggressive competitor enters their market area, what is likely to happen to their accounts receivable balance calculated in the prior question, all else the same? Course It will become larger esearch It will stay the same Collections It will be proportional to the inverse of the average collection period not enough data provided (Unizin It will become less demic & upport Incorrect Question 8 0 / 3 pts aire Yana and Ursula's Corporation (traded as YUC on the NASDAQ) is a wholesaler. Their customers are small retailers. With interest rates rising, Yana and Ursula's Corporation gagement customers are likely to ,,,,,,,,,,131313127)? dent) ons All of the answers shown (except not enough data provided) dia tighten their own credit terms reduce their Operating Cycle not enough data provided MacBook Pro Q Search or enter website name O 2 E R Y U W S G H K

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