Question
Company ABC has an average sales per day of $1,000 and days sales outstanding of 40. If days sales outstanding was reduced to 30 and
Company ABC has an average sales per day of $1,000 and days sales outstanding of 40. If days sales outstanding was reduced to 30 and sales per day remained constant, then
cash would decrease
cash would not be affected
cash would increase
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
