Martin's Method Acting School has net income of $180,000, a profit margin of 10%, an accounts payable

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Martin's Method Acting School has net income of $180,000, a profit margin of 10%, an accounts payable balance of $60,100, and an accounts receivable balance of $212,055. What is the firm's approximate days sales outstanding?

Posted Date: May 13, 2024 03:16 AM

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Martin's Method Acting School has net income of $180,000, a profit margin of 10%, an accounts payable

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To calculate the approximate days sales outstanding DSO we can use the follow... View the full answer

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