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Now suppose each customer acts as follows: 10 percent pay in the month of sale, 40 percent pay in the month following the sales month,
Now suppose each customer acts as follows: 10 percent pay in the month of sale, 40 percent pay in the month following the sales month, and 50 percent pay two months after the sale. What would be the impact of the change in customers' payment patterns on receivables balances, ACPs, aging schedules, uncollected balances schedules, and carrying costs of receivables at the end of March and June? Explain your results.
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