Calculate the carrying cost of accounts receivable for each of the following combinations of 1 answer below »

Calculate the carrying cost of accounts receivable for each of the following combinations of opportunity cost, variable cost ratio, and change in accounts receivable:

Opportunity Cost

V ariable Cost Ratio

Change in Accounts Receivable

a

5%

60%

$1,500,000

b

2%

55%

$2,250,000

c

1%

70%

$3,000,000

 

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