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Suppose your firm receives a $ 4 . 6 7 million order on the last day of the year. You fill the order with $

Suppose your firm receives a $ 4.67 million order on the last day of the year. You fill the order with $ 2.03 million worth of inventory. The customer picks up the entire order the same day and pays $ 1.17 million up front in cash; you also issue a bill for the customer to pay the remaining balance of $ 3.50 million within 40 days. Suppose your firm's tax rate is 0%(i.e., ignore taxes). Determine the consequences of this transaction for each of the following:
a. Revenues
b. Earnings
c. Receivables
d. Inventory
e. Cash
Question content area bottom
Part 1
a. Revenues
Revenues will
by $
enter your response here million. (Select from the drop-down menu and round to two decimal places.)

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