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How to solve Question (6) Directions: Click the Case Link...

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Finance

How to solve
Question (6)
Directions: Click the Case Link above and use the information provided in Hearth and Home, Part B, to answer this question:
What effect did the change in accounts receivable days on hand in 20 y 3 have on Hearth and Home's financing needs? (Round your days on hand calculation to two decimal places)
Financing needs increased by approximately $15,000
Financing needs increased by approximately $28,000
Financing needs increased by approximately $73,000
Financing needs increased by approximately $96,000
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