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mpson Orange Juice Company normally takes 30 days topay far its average dailycredit purchases af $8.400,.:lts average daily sales are $9,900,and it coHects itsaccounts irt 34 days.qt .a. What is its net credit position?Net credit position: : " Sb. If the firm extends its average payment period from30 days to 45 days (and all easedremains the same), v/hat is the firm's new-net credit position?(Negativesanswershould be indicated by a minnie sign.)New net creditposition
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