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4. Financial ratios in the forecsisting process Your boss has asked you to take a closer look at your company's credit policles. You have been

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4. Financial ratios in the forecsisting process Your boss has asked you to take a closer look at your company's credit policles. You have been given the following information: Your firm's days sales outstanding (DSO) is Your boss is unhappy with your company's DSO and wants to bring it down to the industry average of 25 doys. The marketing department told you that they expect sales to grow by 13% next year. This means that your company can expect to have an accounts receivable palance of next year

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