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O none of these Question 17 (2 points) Saved Waldron, Inc. is considering selling to a group of new customers that will bring in sales

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O none of these Question 17 (2 points) Saved Waldron, Inc. is considering selling to a group of new customers that will bring in sales of $15,000 with a return on sales (profit margin) of 5%. The only new investment will be in accounts receivable. Waldron has a turnover ratio of 5 to 1 between sales and accounts receivable. What is the return on investment? 3% 25% 5% none of these Question 11 (2 points) Saved A firm loosens its credit standards and begins to sell to customers who previously would not have been accepted as credit customers. As a result, sales are expected to increase by $120,000, the average accounts receivable balance is expected to increase by $24,000, and net income is expected to increase by $3,000. What is the expected return on investment for these new receivables? 2.5% O 5% 12.5% 20%

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