ACCOUNTS RECEIVABLE DEKA IS A SMALL COMPANY RUN BY A GROUP OF STUDENTS WHO POLK. HO PLAY RECORDS FOR PARTIES. ALTHOUGH THEY ARE ALWAYS BUSY AND INSIST ON A DEPOSIT OF 50% OF THE FEE THEY FIND THEY ALWAYS SEEM TO BE OUT OF MONEY CLARENCESAYS ITS BECAUSE THEY SPEND TOO MUCH BUT DEIDRE THINKS IT IS BECAUSE THEY ARE NOT COLLECTING THEIR BILLS POINTING OUT THAT THEY INVOICED $155,000 WORTH OF BUSINESS IN JUNE/JULY/AUGUST BUTS COLLECT ON $72,000 OF IT. KUNDI ARGUES THAT THEY HAVE TO GIVE PEOPLE TIME TO PAY. HOWEVER, EVEN HE AGREES THAT THEIR 30 DAYS CREDIT TERMS SHOUD BE ENOUGH. CLARENCE SAYS THAT IF THEY CAN FIND SOME MONEY HE CAN BUY MOREEQUIPMEN EQUIPMENT WHICH WILL INCRESE THEIR BUSINESS AND PROVIDE A 10% ROI. DETERMINE WHAT DEKA DJ'S DAYS OUTSTANDING ARE CURRENTLY, WHAT THERE ACCOUNTSS RECEIVABLE LEVEL WILL BE IF THEY STICK TO THEIR CREDIT TERMS OF 30 DAYS, HOW MUCH MONEY WILL BE RELEASED, AND HOW MUCH PROFIT THEY CAN MAKE IF REDUCE THEIR ACCOUNTS RECEIVABLE TO 15 DAYS. 30 DAYS THERE ARE 91 DAYS IN NA QUARTI TER. CURRENT TARGETTED SALES AVERAGE SALES COLLECTION PERIOD INVESTMENT IN AR REDUCTION IN AR INCREMENTAL PROFIT 10% ACCOUNTS RECEIVABLE DEKA IS A SMALL COMPANY RUN BY A GROUP OF STUDENTS WHO POLK. HO PLAY RECORDS FOR PARTIES. ALTHOUGH THEY ARE ALWAYS BUSY AND INSIST ON A DEPOSIT OF 50% OF THE FEE THEY FIND THEY ALWAYS SEEM TO BE OUT OF MONEY CLARENCESAYS ITS BECAUSE THEY SPEND TOO MUCH BUT DEIDRE THINKS IT IS BECAUSE THEY ARE NOT COLLECTING THEIR BILLS POINTING OUT THAT THEY INVOICED $155,000 WORTH OF BUSINESS IN JUNE/JULY/AUGUST BUTS COLLECT ON $72,000 OF IT. KUNDI ARGUES THAT THEY HAVE TO GIVE PEOPLE TIME TO PAY. HOWEVER, EVEN HE AGREES THAT THEIR 30 DAYS CREDIT TERMS SHOUD BE ENOUGH. CLARENCE SAYS THAT IF THEY CAN FIND SOME MONEY HE CAN BUY MOREEQUIPMEN EQUIPMENT WHICH WILL INCRESE THEIR BUSINESS AND PROVIDE A 10% ROI. DETERMINE WHAT DEKA DJ'S DAYS OUTSTANDING ARE CURRENTLY, WHAT THERE ACCOUNTSS RECEIVABLE LEVEL WILL BE IF THEY STICK TO THEIR CREDIT TERMS OF 30 DAYS, HOW MUCH MONEY WILL BE RELEASED, AND HOW MUCH PROFIT THEY CAN MAKE IF REDUCE THEIR ACCOUNTS RECEIVABLE TO 15 DAYS. 30 DAYS THERE ARE 91 DAYS IN NA QUARTI TER. CURRENT TARGETTED SALES AVERAGE SALES COLLECTION PERIOD INVESTMENT IN AR REDUCTION IN AR INCREMENTAL PROFIT 10%