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15. Villon Company sells on terms that allow customers 30 days to pay for merchandise. If the result of the days sales outstanding (DSO) is
15. Villon Company sells on terms that allow customers 30 days to pay for merchandise. If the result of the days sales outstanding (DSO) is less than the 30-day credit period, then customers are paying on time. Otherwise, they are paying late. By how many days early or late were the customers paying during 2020? Use a 365-day year in your calculations and assume that all sales were done on credit. Do not round your intermediate calculations. * Given: account receivable = 660000 sales= 4375000
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