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5. Financial ratios in the forecasting process Your boss has asked you to take a closer look at your company's credit policies. You have been
5. Financial ratios in the forecasting process Your boss has asked you to take a closer look at your company's credit policies. You have been given the following information: Your firm's days sales outstanding (DSO) is Omnirode Inc.'s CFO is unhappy with its DSO and wants to improve collections next year. Sales are expected to grow by 13% next year, and the CFO wants to lower the DSO to the industry average of 30 days. What amount of accounts receivable is the firm expected to carry? $453,471 $496,659 $410,283 $431,877
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