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If this value could be reduced to 50 days what annual

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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Accounting Basics: If this value could be reduced to 50 days what annual

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Accounting Basics: If this value could be reduced to 50 days what annual

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