The loan officer at the bank has asked WCB to assess its ability to collect cash from its customers. This is important because the company needs cash flow in order to make the loan payments. The owners have done some research and have found that comparable companies report the following accounts receivable buckets: 0-30 Days Outstanding 75% 31-60 Days Outstanding 15% 61-90 Days Outstanding 5% 91-120 Days Outstanding 3% >120 Days Outstanding 2% The above percentages reflect the portion of accounts receivable that corresponds to each bucket. For example, these percentages can be interpreted as follows: if the comparable company has $1 million of accounts receivable, then $750,000 of this balance has typically been outstanding for only 0-30 days. WCB has the following buckets 0-30 Days 31-60 Days 61-90 Days 91-120 Days >120 Days Outstanding Outstanding Outstanding Outstanding Outstanding 62.91% 21.31% 12.25% 3.53% 0% How would you assess WCB's ability to convert accounts receivable into cash? Regardless of whether there is a collection problem, how could the owners encourage customers to pay in a timelier manner? a