Question 7 of 10 Which of these would consumers use lobbying to accomplish?
A. A reduction in sales or profits to pressure a company to change its
ways
B. Gaining the attention of corporate executives by creating negative
news stories
C. The passage of new laws punishing offensive behaviors by
companies
D. A favorable resolution of a personal complaint against a particular
store
SUBMIT

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44