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Postal Express has outlets throughout the world. It also keeps funds for International transactions purposes in many foreign countries. Assume that in 2010 it held

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Postal Express has outlets throughout the world. It also keeps funds for International transactions purposes in many foreign countries. Assume that in 2010 it held management 200.000 reals in Brazil worth 130,000 dollars. It drew 10 percent interest, but the Brazilian real declined 20 percent against the dollar. What is the value of the holdings, based on U.S. dollars, at year-end? A What is the value of its holdings, based on U.S. dollars, at year-end if instead it drew 8 percent interest and the real went up by 12 percent against the dollar? Sanders' Prime Time Company has annual credit sales of $ 1.800.000 and accounts receivable of $210,000. Compute the value of the average collection period. Oral Roberts Dental Supplies has annual sales of $5,625,000. Eighty percent are on credit. The firm has $475,000 in accounts receivable. Compute the value of the average collection period. Eco-Friendly Products has annual credit sales of $900,000 and an average collection period of 30 days. Assume a 360-day year. What is the company's average accounts receivable balance? Accounts receivable are equal to the average daily credit sales times the average collection period. Barney's Antique Shop has annual credit sales of $ 1,080.000 and an average collection period of 40 days. Assume a 360-day year. What is the company's average accounts receivable balance? Accounts receivable are equal to the average daily credit sales times the average collection period. In Problem 8. if accounts receivable change to $140,000. while credit sales are $ 1.440,000. should we assume the firm has a more or a less lenient credit policy

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