Worldwide Rugs is a rug importer located in the United States that resells its import products to local retailers. Last year, Worldwide Rugs imported $2.5 million worth of rugs om around the world, all of which were paid for prior to shipping. On receipt ofthe rugs, the importer immediately resold them to local retailers for $3 million. To allow its retail clients time to resell the rugs, Worldwide Rugs sells to retailers on credit. Prior to the end of its business year, Worldwide Rugs collected 35 percent of its outstanding accounts receivable. a. What is the accounting prot that Worldwide Rugs generated for the year? h. Did Worldwide Rugs have a successful year om an accounting perspective? c. What is the nancial cash ow that Worldwide Rugs generated for the year? d. Did Worldwide Rugs have a successful year om a nancial perspective? e. If the current pattern persists, what is your expectation for the future success of Worldwide Rugs