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Layla's Pastries was recently caught in a huge fire that damaged its inventories and most of its documents containing important financial information. The company requested
Layla's Pastries was recently caught in a huge fire that damaged its inventories and most of its documents containing important financial information. The company requested you to compute for its Days' Sales Outstanding, but the accountant to the best of his ability can only provide you with its Accounts Receivable Turnover Ratio of 12.2 times. Can you compute for Layla's DSO?
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