Here are the questions you need to answer: 1. Assume the only new investment would be in accounts receivable. Based on the turnover ratio of three times, what would the investment in accounts receivable be? 2. Compute the return on accounts receivable based on your answers to questions one and two. 3. Given that the firm has a required return on investment of 14 percent, should Landis Apparel Co. sell to Monique Fashion Stores? 4. If the accounts receivable turnover ratio were four times and the other percentages were the same, should Landis Apparel Co. make the sale?