Business, 15.02.2021 21:50 chimbali9736
ALei Industries has credit sales of million a year. ALei's management reviewed its credit policy and decided that it wants to maintain an average collection period of days. a. What is the maximum level of accounts receivable that ALei can carry and have a -day average collection period? b. If ALei's current accounts receivable collection period is days, how much would it have to reduce its level of accounts receivable in order to achieve its goal of days?
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ALei Industries has credit sales of million a year. ALei's management reviewed its credit policy an...
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