A company wants to reduce its days of sales outstanding to 25 by pressuring its customers to pay more quickly. The company expects that its efforts will cause sales to decrease by 16%. The company has $757,788 of accounts receivable that represent 39 days of sales outstanding. What will be the amount of the company’s accounts receivable after the change?

Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.