Question 3: The financial statements for Kautal Hore Incorporated provide information as follows: Net income at $185,000 Net Annual Sales $750 . Total Assets $ 1,240 Accounts Receivable at $90 . Account Payable at $75 Total Inventories at $85 Fixed Assets $350 a). What is DSO? Calculate the financial performance of Kautal Hore incorporated based on it's Days Sale Outstanding. (7.5 marks) b). Assuming the industry average at 32. 1 days, explain to the board of directors the implications if any of the company's operations and what step they need to take (7.5 marks)