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Which of the statement is not correct about days sales outstanding (DSO)? a. DSO represents the average length of time the firm must wait after

Which of the statement is not correct about days sales outstanding (DSO)?

a. DSO represents the average length of time the firm must wait after making a sale before it receives cash.

c. Computrons DSO indicates that their cash conversion(collection) from receivable takes less than the industry average.

e. None of the above.

b. Computrons DSO is above the industry average.

d. If DSO is trending higher, it is a negative indication.

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