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Monarch Co, had the following data last year. What is your best estimate for their Days Sales Outstanding (DSO)? Assume 365 days in a year.
Monarch Co, had the following data last year. What is your best estimate for their Days Sales Outstanding (DSO)? Assume 365 days in a year. Partial Income Statement: Sales $4,500 COGS $3,000 SG&A $1,500 Partial Balance Sheet Accounts $700 receivable Inventory $800 Accounts $500 payable
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