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What is the increased cost of fund

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Question - Bugle Boy Company has an opportunity cost of funds of 10 percent and a credit policy based on net 45 days. If all of its customers adhere to the stated terms and annual sales increase from $4.1 million to $6.1 million, what will be the increased cost of funds tied up in accounts receivable? What is the increased cost of fund?

Reference no: EM132829099

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