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Suppose your firm receives a $6.8 million order on the last day of the year. You fill the order with $4.1 million worth of inventory.

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Suppose your firm receives a $6.8 million order on the last day of the year. You fill the order with $4.1 million worth of inventory. The customer picks up the entire order the same day and pays $2.2 million upfront in cash; you also issue a bill for the customer to pay the remaining balance of $4.6 million in 30 days. Suppose your firm's tax rate is 0.0% (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 a. Revenues Revenues change by $ million. (Round to one decimal place. Use a negative sign for a decrease in value.)

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