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Questo nast Company's net sales in 2011 were $10,000,000 and its cash cost of goods sold was 65.500,000. Also in 2011, its accounts receivable days

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Questo nast Company's net sales in 2011 were $10,000,000 and its cash cost of goods sold was 65.500,000. Also in 2011, its accounts receivable days on hand were 38 days and its inventory days on hand were 62 days. The company projects its 20Y2 net sales will be $11,000,000 and its cash cost of goods sold will be $6,100,000. It is projecting that its accounts receivable days on hand will be 34 days and its inventory days on hand will be 65 days. What would be the impact on Post Company's cash flow of the shortening of its accounts receivable days on hand? O Approximately $120,000 O Approximately $140,000 O Approximatley $160,000 O Approximately $100,000

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