the new credit manager of Kays Dpartment store plans to liberalize the firms c

the new credit manager of Kays Dpartment store plans to liberalize the firms credit policy.The firm currently generates credit sales of $575000 annually. te
more lenient the credit policy is expected to produce credit sales of $750000. The bad debt losses on additional sales are projected to be 5% despit any
additional $15000 collection expenditure.The new manager anticipates production and selling costs other than additional bad debt and collection expenses will
remain at the 85% level. The firm is in the 34%tax bracket.if the firm maintains its recievables turnover 10 timeshow much will the recievables balance
increasewhat would be Kays incremental after tax return on investment? Assuming additional inventory of $35000 is required to support the additional sales
compute the after tax return on investment. Please show work so I will understand better..Thank you