Question
The latest financial statements forNolaceInc. reported net sales of $25,951, accounts receivable of $3,213, inventory of $2,637, and accounts payable of $764.Based on these values,
The latest financial statements forNolaceInc. reported net sales of $25,951, accounts receivable of $3,213, inventory of $2,637, and accounts payable of $764.Based on these values, what is the company's days of sales outstanding (DSO)?Round to two decimal places (Ex. 0.00).
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
