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Egy The Three Company and grow promarin prompt) 0.1 percent and sales of 396 million...

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Egy The Three Company and grow promarin prompt) 0.1 percent and sales of 396 million to your Seventyre percent of the sales are on credit and the remainder are cash bora unt22 milions $317000, and it has 5102.000 in cash plus martables Tabor's consecteur 562 500 what is verage coton period Tabereits wragecoction periodo 23 day, what will be swevel of countrie? Taboratory move to waith of Tubor ne? (Evaluating liquidity) The Tabor Sales Company had a gross profit margin (gross profits + sales) of 30.1 percent and sales of $9.6 million last year. Seventy-five percent of the firm's sales are on credit and the remainder are cash sales, Tabor's current assets equal $2.2 million, its current liabilities equal $317,000, and it has $102,000 in cash plus marketable securities. a. If Tabor's accounts receivable are $562,500, what is its average collection period? b. If Tabor reduces its average collection period to 23 days, what will be its new level of accounts receivable? c. Tabor's inventory tumover ratio is 9.4 times. What is the level of Tabor's inventories

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