Question
Medwig Corporation has a DSO of 44 days. The company averages $6,750 in sales each day (all customers take credit). What is the company's average
Medwig Corporation has a DSO of 44 days. The company averages $6,750 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.
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The Laymans Guide To Managing Your Investments
Authors: Thomas Dunleavy
1st Edition
979-8763592214
