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Atiantic Northern Inc. currently has $560,000 in accounts receivable and generated $4,910,000 in sales (all on credit) during the year that just ended. The firm's
Atiantic Northern Inc. currently has $560,000 in accounts receivable and generated $4,910,000 in sales (all on credit) during the year that just ended. The firm's days sales outstanding (DSO) is days. Use 365 days as the length of a year in all calculations. Atlontic Northem Incis CFO is unheppy with its DSO and wants to improve collections next year. Sales are expected to grow by 12% next year, and the CFO wants to lower the DSO to the industry average of 30 days. How much accounts recelvable is the firm expected to carry? $497,188$451,989$406,7905519,787 Atlantic Northern Inc. currently has $560,000 in accounts recelvable and generated $4,910,000 in sales (all on credit) during the year that fust ended. The firm's days sales outstanding (DSO) is days. Use 365 days as the length of a year in all calculations. Atiantic Northern Inc.'s CFO is unhappy wit 29.14 and wants to improve collections next year, Saies are expected to grow by 12% next year, and the CFO wants to lower the DSO to the ind 35.39 rage of 30 days. How much accounts receivable is the firm expected to carry? 5497,1885451,989$406,790$519,787 37.47
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