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Axis Wells and Excavation ( AWE ) currently generates $ 1 2 0 , 0 0 0 in annual credit sales. AWE sells on terms
Axis Wells and Excavation AWE currently generates $ in annual credit sales. AWE sells on terms of net and its accounts receivable balance averages $ AWE is considering a new credit policy with terms of net Under the new policy, sales will decrease to $ and accounts receivable will average $ Compute the days sales outstanding DSO under the existing policy and the proposed policy. Assume there are days in a year. Round your answers to the nearest whole number. DSOExisting: days DSONew: days
Axis Wells and Excavation AWE currently generates $ in annual credit sales. AWE sells on terms of net and its accounts receivable balance averages $ AWE is considering a new credit policy with terms of net Under the new policy, sales will decrease to $ and accounts receivable will average $ Compute the days sales outstanding DSO under the existing policy and the proposed policy. Assume there are days in a year. Round your answers to the nearest whole number.
DSOExisting:
days
DSONew:
days
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