Warm-Up 14-5 (similar to) Question Help Klein's Tools is considering offering a cash discount to speed up the collection of accounts receivable. Currently the firm has an average collection period of 68 days annual sales are 34,000 units, the per-unit price is $44, and the per-unit variable cost is $32 A 2% cash discount is being considered Klein's Tools estimates that 75% of its customers will take the 2% discount sales are expected to rise to 36,000 units per year and the firm has a 14% required rate of return, what minimum average collection period is required to approve the cash discount plan? The minimum average collection period required to approve the cash discount plan is Idays. (Round to two decimal places) Enter your answer in the answer box and then cock Check Answer All parts showing