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please help Ingraham thc, currently has $525,000 in accounts receivable, and its days sales outstanding (DSO) is 66 days. It wants to reduce its DSO
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Ingraham thc, currently has $525,000 in accounts receivable, and its days sales outstanding (DSO) is 66 days. It wants to reduce its DSO to-35 days oy pressuring more of it customers to pay their bills on time. If this policy is adopted, the company's average sales will fall by 5%. What will be the fevel of accounts receivable following the change? Assume a 365-day year. Do not round intermediate calculations. Round your answer to the nearest dollar Step by Step Solution
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