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Dyl Pickle Inc. had credit sales of $5,000,000 last year and its days sales outstanding was DSO = 35 days. What was its average receivables
Dyl Pickle Inc. had credit sales of $5,000,000 last year and its days sales outstanding was DSO = 35 days. What was its average receivables balance, based on a 365-day year? Hint: Solve for the Receivables value using the DSO formula, similar to homework 15-5b. $436,301 $426,712 $479,452 $551,370 O $570,548
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