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Ingraham Inc. currently has $ 6 9 0 , 0 0 0 in accounts receivable, and its days sales outstanding ( DSO ) is 4
Ingraham Inc. currently has $ in accounts receivable, and its days sales outstanding DSO is days. It wants to reduce its
DSO to days by pressuring more of its customers to pay their bills on time. If this policy is adopted, the company's average sales will
fall by What will be the level of accounts receivable following the change? Assume a day year. Do not round intermediate
calculations. Round your answer to the nearest cent.
$
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