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ACP and DSO measure the same thingthe average length of time the firm must wait after making a sale before receiving payment. DSO is the

ACP and DSO measure the same thingthe average length of time the firm must wait after making a sale before receiving payment. DSO is the more preferred business nomenclature. Under the current credit policy, how long is the the DSO? (show how to calculate this).

Under the proposed credit policy, the DSO would increase to approximately how many days? (again, show the calculation)

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