Rouster and Sideways Corp. currently has $715,000 in accounts receivable and generated $4,350,000 in sales (all on credit) during the year that just ended. The firms days sales outstanding (DSO) is (59.99/53.99/56.99/47.99) days. Use 365 days as the length of a year in all calculations.

Rouster and Sideways Corp.s CFO is unhappy with its DSO and wants to improve collections next year. Sales are expected to grow by 15% next year, and the CFO wants to lower the DSO to the industry average of 30 days. How much accounts receivable is the firm expected to carry?

a. $493,397

b. $431,722

c. $472,839

d. $411,164