please do it in 10 minutes will upvote

11. It is important for a company to monitor its aggregate accounts receivable balances because A. That will impact its accounts payable aging B. Lenders will exclude any past-due accounts receivable for use as collateral for a loan to the company C. Older accounts receivable balances can enhance a firm's profitability D. Higher accounts receivable balances result in a higher state corporate income tax liability E. None of the above 12. Alfonsin Corporation has accounts receivable of $37 million. Its average collection period is 64 days. What is the company's average sales per day? A. $2.368 billion B. $578,000 C. $236,800 D. $578 million E. None of the above 13. Analyzing the payment pattern for a company's accounts receivable can be illuminating in the event that A. A firm's sales are constant over the year B. A firm's sales are cyclical C. A firm ceases offering credit sales D. A firm slows its accounts payable payments 7 E. None of the above