Crane Supply Company wants to set up a division that provides copy and fax services...
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Accounting
Crane Supply Company wants to set up a division that provides copy and fax services to businesses. Customers will be given 20 days to pay for such services. The annual revenue of the division is estimated to be $23,700. Assuming that the customers take the full 20 days to pay, what is the incremental cash flow associated with accounts receivable? (Round intermediate calculation to 2 decimal places, e.g. 15.75 and final answer to the nearest whole dollar, e.g. 5,275. Use 365 days for calculation.) Incremental cash flow $
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