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Atlantic Northern Inc. currently has 5715,000 in accounts receivable and generated $4,870,000 in sales (all on credit) during the year that just ended. The firm's
Atlantic Northern Inc. currently has 5715,000 in accounts receivable and generated $4,870,000 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. Atlantic Northern Inc.'s CFO is unhappy with its DSO and wants to improve collections next year. Sales are expected to grow by 15% next year, and the CFO wants to lower the DSO to the industry average of 30 days. How much accounts receivable is the firm expected to carry? O $487,534 O $417,886 O $580,398 O $464,318
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