QUESTION 3 ABC's sales for this year were $10,000,000 and the Accounts Receivable Turnover Ratio was 11.2. Next year, they anticipate sales of $11,000,000 and an Accounts Receivable Turnover Ratio of 11.5. If that happens, by how much will Accounts Receivable change? O $68,265 $63,665 $61,365 $58,565 QUESTION 4 XYZ Corporation s total assets are $10 million and its debt ratio is 50%. The CFO has proposed that the company issue $2 million of debt and use the proceeds to buy back some of its common stock. If this proposal is adopted, XYZ's new debt ratio will be O 0.7 O 0.3 Oo