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5.Inga Inc. currently has $205,000 in Accounts Receivable, and their DSO is 71 days. Their new CFO wants the DSO dropped to 20 days by
| 5.Inga Inc. currently has $205,000 in Accounts Receivable, and their DSO is 71 days. Their new CFO wants the DSO dropped to 20 days by | |||||||||||||||||
| revamping policy and putting pressure on customers to pay. If adopted, the company's average sales will drop by 15%. What will be the | |||||||||||||||||
| level of Accounts Receivable following the change? PLEASE POST ANSWER WITH NECESSARY EXCEL FUNCTIONS |
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The Financial Crisis Implications For Research And Teaching
Authors: Ted Azarmi, Wolfgang Amann
1st Edition
3319205870, 978-3319205878
