your-firm-has-450-million-invested-accounts-receivable-which-90-days-net-revenues-if-value-c

Two hikers head out from the same spot. Hiker 1 hikes due east for 5 miles, then at a 30 angle North of East for another 3 miles.
September 9, 2020
Sort the following statements into the appropriate bin. In all cells, separation of replicated chromosomes is a prerequisite for cell division.
September 9, 2020

your-firm-has-450-million-invested-accounts-receivable-which-90-days-net-revenues-if-value-c

Your firm has $45.0 million invested in accounts receivable, which is 90 days of net revenues. If this value could be reduced to 50 days, what annual increase in income would your firm realize if the increase in cash could be invested at 7.5 percent?

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