(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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