Problem $9-18$

A firm with sales of $$10,000,000$ has inventory of $$800,000.$ The firm has no cash sales $($all sales are on credit and are collected within $39$ days$).$ You are willing to sell inventory to the firm on credit provided that you will be paid within $90$ days. Should you sell to this firm on credit? Assume there are $365$ days in a year. $($This question is more subtle than it appears. Think through all the given information.$)$ Round your answer to the nearest whole number.

On average, it will take you days to receive the payments, therefore, you sell to the firm on credit.