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The Rapid Roller Co

Question 23

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The Rapid Roller Co. offers terms of 3/15 net 45. The aging schedule for their customers is as follows:
The Rapid Roller Co. offers terms of 3/15 net 45. The aging schedule for their customers is as follows:    Total credit sales are $2,500,000. How does the aging schedule provide more information to Rapid Roller's management on credit behavior? Total credit sales are $2,500,000. How does the aging schedule provide more information to Rapid Roller's management on credit behavior?

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ACP = .2(15) + .2(30) + .5(37.5) + .05(5...

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