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Find the average collection period

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Efrin Inc. currently creates $345,000 of sales from the energy efficient light bulbs. A new campaign is expected to increase next year's sales by 8% and the company projects to lower their average collection period from 42 days to 39 days. They also predict that it would not affect the other working capital items. What would be the change in NWC that will result for Efrin as a result of this new campaign?

Reference no: EM133060634

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