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Lyon's Furniture is advertising a Hol Hot Hold the Payments for 2 Full Years! sale. Lyon' checking terminals in all of the company's stores. Once

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Lyon's Furniture is advertising a Hol Hot Hold the Payments for 2 Full Years!" sale. Lyon' checking terminals in all of the company's stores. Once a customer is years and immediately advances Lyon's a percentage of the sale price. If Citibank wants to earn 15% o invested then what percentage of the purchase price will it advance to Lyon's? s advance factors all of its receivables to Citibank. Citibank has credi Citibank assumes the liability of collecting the receivable from the customer (in rer the e t of ap ta addefarm r s to What percentage of the purchase price will Citibank advance to Lyon's? % (Round to two decimal places )

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