please do it in 10 minutes will upvote 11.It is important for a company to monitor its aggregate accounts receivable balances because A.That will impact its accounts payable aging B.Lenders will exclude any past-due accounts receivable for use as collateral for a loan to the company C.Older accounts receivable balances can enhance a firm's profitability D.Higher accounts receivable balances result in a higher state corporate income tax liability E.None of the above 12.Alfonsin Corporation has accounts receivable of $37 million.Its average collection period is 64 days.What is the company's average sales per day? A.$2.368 billion B.$578,000 C.$236,800 D.$578 million E.None of the above 13.Analyzing the payment pattern for a company's accounts receivable can be illuminating in the event that A.A firm's sales are constant over the year B.A firm's sales are cyclical C.A firm ceases offering credit sales D.A firm slows its accounts payable payments E.None of the above