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Open spreadsheet a. What is the days sales outstanding? Round your answer to two decimal places. days b. What is the average amount of receivables?
Open spreadsheet a. What is the days sales outstanding? Round your answer to two decimal places. days b. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations. $ c. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places. 10 Nominal cost: Effective cost: DSO=days =$ Receivables investment
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