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Problem 723 (Algo) Credit pollcy decislon with changing varlables [LO7-4] Dome Metals has credit sales of $432,000 yearly. If Dome offers a 2 percent discount

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Problem 723 (Algo) Credit pollcy decislon with changing varlables [LO7-4] Dome Metals has credit sales of $432,000 yearly. If Dome offers a 2 percent discount for payment in 15 days. what will the average accounts receivable balance be? Assume all customers would pay on the last day of the discount period. Note: Use a 360-day year

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