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NEED ANSWER WITHIN 30 MINUTES Acme is considering offering a 5 percent discount for customers who pay within 10 days. The new policy is expected
NEED ANSWER WITHIN 30 MINUTES
Acme is considering offering a 5 percent discount for customers who pay within 10 days. The new policy is expected to cause the accounts receivable period to decline from 27 days to 14 days. The inventory period is 33 days and the accounts payable period is 41 days If the new discount is offered, the cash cycle will change from _____ days to _____ days.
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