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Listen By how much would its accounts receivable investment be reduced if it collected its invoices in 40 days? Note: A/R Investment = Average Daily

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Listen By how much would its accounts receivable investment be reduced if it collected its invoices in 40 days? Note: A/R Investment = Average Daily Sales x Collection Period Show your calculation. Round your final answer to the nearest dollar. A Question 4 (2 points) Listen If their account receivables were collected in the length of time stated in the previous question, how much would the company earn annually if they could earn 10% per annum? Show your calculation. A/ Listen By how much would its accounts receivable investment be reduced if it collected its invoices in 40 days? Note: A/R Investment = Average Daily Sales x Collection Period Show your calculation. Round your final answer to the nearest dollar. A Question 4 (2 points) Listen If their account receivables were collected in the length of time stated in the previous question, how much would the company earn annually if they could earn 10% per annum? Show your calculation. A/

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