Score: 0 of 1 pt 9 of 17 (4 complete) HW Score: 23.53%, 4 of 17 pts P 19-9 (similar to) Question Help The Fast Reader Company supplies bulletin board services to numerous hotel chains nationwide. The owner of the firm is investigating the desirability of employing a billing firm to do her billing and collections. Because the billing firm specializes in these services, collection float will be reduced by 19 days. Average daily collections are $7 100, and the owner can earn 8.3% annually (expressed as an APR with monthly compounding) on her investments. If the billing firm charges $350 per month should the owner employ the billing firm? Assuming the balling firm can reduce the collection float immediately, as soon as Fast Reader starts the service they will receive $(Round to the nearest dollar) Suure. U ori pt 17 of 17 (4 complete) HW Score: 2353%, 4 of 17 pts P 19-17 (similar to) Question Help Happy Valley Homecare Suppliers, Incorporated (HVHS), had $10.2 million in sales in 2015. Its cost of goods sold was $4.08 million, and its average inventory balance was $1 82 million a. Calculate the average number of days inventory outstanding ratios for HVHS b. The average number of inventory days in the industry is 73 days. By how much must HVHS reduce its investment in inventory to improve its inventory days to meet the industry? (Hint: Use a 365-day year) a. Calculate the number of days inventory outstanding ratios for HVHS The number of inventory days outstanding is days. (Round to two demical places.)