Asked by kin

house corporation makes credit sales of 2160 000 per annum. the average age of accounts receivable is 30 days. management considers shortening credit terms by 10 days. cost of money is 18% assume 360 day year
how much will the company save from financing
Answered by Anonymous
240000
Answered by Anonymous
how did u get 240000? kindly show your solution please. thank you.
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