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Rocky Mountain Enterprises sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $300,000, and its year-end account
Rocky Mountain Enterprises sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $300,000, and its year-end account receivables were $60,000. Determine the company's days sales outstanding or DSO. Use a 365-day year and assume all sales to be on credit
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