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Home / Questions / RECEIVABLES MANAGEMENT QUESTION A firm is contemplating stricter collection policies The f...

RECEIVABLES MANAGEMENT QUESTION A firm is contemplating stricter collection policies The following details are available A At present the firm is selling 36000 units on credit at a price of

RECEIVABLES MANAGEMENT: QUESTION A firm is contemplating stricter collection policies. The following details are available: (A) At present the firm is selling 36000 units on credit at a price of $ 32 each ; the variable cost per unit is $ 25 while the average cost per unit is $ 29; average collection period is 58 days ; and collection expenses amount to $ 10000; bad debts are 3%

 

May 02 2020 View more View Less

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