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A firm has a Days Receivables Outstanding (DRO) of 43 days. Its annual sales outstanding are $2.8 billion. If it could reduce its DRO to

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A firm has a Days Receivables Outstanding (DRO) of 43 days. Its annual sales outstanding are $2.8 billion. If it could reduce its DRO to 30 days, how much cash could it free up for other investments? Assume a 360-day year Group of answer choices $101,111,100 $111.481,500 $84.907 400 $58,333,300 A firm has a Days Receivables Outstanding (DRO) of 43 days its annual sales outstanding are $2.8 billion. If it could reduce its DRO to 30 days how much cash could it free up for other investments? Assume a 360-day year Group of answer choices $101,111,100 $111.481,500 584,907,400 $58,333,300 (Ctrl

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