JOJO Company is a toy making company that has been established two years back . The company has been struggling in its sales levels and its accounts receivables management . Currently the company is selling 1000 units at Tshs50 for each unit . The cost per unit is Tshs 45 variable cost per unit is Tshs 40 . It has been maintaining credit customers for one month but thinks of extending credit to two months in the expectation that sales will increase by 25 % REQUIRED: i) Advice the company on the new policy that it has been thinking of if the required rate of return before tax is 25 % ii) What are the three basic issues that need to considered whenever the company wants to create a collection policy ?