Question
Kornhad credit sales of $3.500,000 last year and its days sales outstanding (DSO) was 35 days. Based on a 365-day year, what was its average
Kornhad credit sales of $3.500,000 last year and its days sales outstanding ("DSO") was 35 days. Based on a 365-day year, what was its average accounts receivables balance, rounded to the nearest dollar?
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
