Question
A company is currently running a DSO of 45 days on annual sales of $1.25 M. If the company is projecting that next year's sales
A company is currently running a DSO of 45 days on annual sales of $1.25 M. If the company is projecting that next year's sales will be $1.6 million, how much will the level of A/R increase (assuming DSO remains at 45 days)?
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
