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Q1 X CO. HAD SALES OF $900,000 OVER THE LAST QUARTER (90 DAYS) AND ENDING A/R OF $550,000. IF THE COMPANYS TERMS ARE NET 45,
Q1 X CO. HAD SALES OF $900,000 OVER THE LAST QUARTER (90 DAYS) AND ENDING A/R OF $550,000. IF THE COMPANYS TERMS ARE NET 45, WHAT IS THE NUMBER OF DAYS PAST DUE FOR THE LAST QUARTER?
Q2 Y COMPANY IS CURRENTLY RUNNING A DSO OF 45 DAYS ON ANNUAL SALES OF $2.50 M. IF THE COMPANY IS PROJECTING THAT NEXT YEARS SALES WILL BE $3.2 M, HOW MUCH WILL THE LEVEL OF A/R INCREASE (ASSUMING DSO REMAINS AT 45 DAYS)?
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