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Write a short paragraph explaining the intermediate relationships tying together stock price (Po) and DSO (Says' Sales Outstanding using the Dupont relationship, ROE, expected growth,
Write a short paragraph explaining the intermediate relationships tying together stock price (Po) and DSO (Says' Sales Outstanding" using the Dupont relationship, ROE, expected growth, and the Dividend Discount stock price model. Use the specific formulas involved in your explanation and (without any actual numbers) explain the sequence of effects as DSO rises or falls. (This question is worth triple points on the test).
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