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please answer questions 6-8. thank you so much in advance! please answer question 6-8. thank you!! QUES TION 5 What is the impted Isterest rate

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please answer questions 6-8. thank you so much in advance!
image text in transcribed
please answer question 6-8. thank you!!
QUES TION 5 What is the impted Isterest rate i# you lorgo the discoun even tough answer in %.input as de inal and mnd amiwer to 3 de inal points) QUESTION Use the following indormation for 86-8 of the cred On average, what is the collection perled (n days) for Widgets R US Stocwdomers who are approved for aedt Approximately 40% of itscuntomers are approvedfor tens und 100% of then take advantage QUESTION 1 what is the impled interest rate for customers who sorge the dico nr? (even tough answer in %, input as decinal and round answer to 3decindpoits) QUESTION f Widgets R US sells $1000 of widgets every week, what is the average daily AR balance oustanding for Widgets R US? QUESTIONS The company beleves sce bad debt expense to ss. b a oreduce overal sales by8% " sales are curre ey S 100 ml en and Co s are can "educe its risk exposure by imple nening . more comprehensive crea p k) op Chp Inc i, concerned about h bad debt expense which h approximate y 7% o sales whi would the erect pon eled ofhe aed, poicy S expected o the new policy were to be Click Save and Submit to save and Cek Save All Auers to sove all anseers ch Blackboard rganizations Content Collection Libraries Support QUESTION 6 10 p Use the following information for i#6-8 widgets R US sals yup) widgets toffers aedt torms of 215 net 45 to approved for terms and 100% of them take advantage of the credit terms customers who are approved for aedt. Approximately 40% of its customers are On average, what is the collection period (in days) for Widgets R US? 10 poi QUESTION 7 h answer in % ingut as deamalard round answer to 3 docrnal ports wat stempled interest rate for as omers who forgo the discount? even tho 10 poin QUESTIONS If Widgets R US sells $1000 of widgets every wook, what is the average daily A/R balance outstanding for Widgets R US? (Round answer to nearest whole $) 10 p QUESTION 9 Coo Cco les concorrod about its bad dett expense v toh is aooroarnatelv 7% o sales. The conoanv believes it can reduce its nsk exposure bv Click Save and Submit to save and submit. Click Save All Ansvers to save all answers OLL

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