(31) Days Sales Outstanding Greene Sisters has a DSO of 20 days. The companys average daily sales...
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Days Sales Outstanding Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000.
What is the level of its accounts receivable? Assume there are 365 days in a year.
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Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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