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Ingraham Inc. currently has $ 6 9 5 , 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 dollar.
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