Question
Company DreamBig last fiscal year's financial results are as follows: Sales: 104.00 million; inventory: 8.84 million; account receivable: 10.85 million; total assets: 98.23 million. What's
Company DreamBig last fiscal year's financial results are as follows:
Sales: 104.00 million; inventory: 8.84 million; account receivable: 10.85 million; total assets: 98.23 million.
What's the company'sDays Sales Outstanding (DSO) ratio?
Note: use decimal to express the ratio, i.e. input 0.50 instead of 50.00%.
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
