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The finance director of a hardware wholesaler has asked the accountant to ring each customer five days before their account payment is due, as a

The finance director of a hardware wholesaler has asked the accountant to ring each customer five days before their account payment is due, as a means of reducing the number of late payments. As a results of time constraints, however, only 60% of customers receive such a call from the accountant. Of the customers called, 90% pay on time, while only 50% of those not called pay on time.

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