Question
Receivables Investment Medwig Corporation has a DSO of 45 days. The company averages $8,500 in sales each day (all customers take credit). What is the
Receivables Investment
Medwig Corporation has a DSO of 45 days. The company averages $8,500 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.
$ _____
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ISE Real Estate Finance And Investments
Authors: Jeffrey Fisher William B. Brueggeman
17th International Edition
1264892888, 9781264892884
