Your boss has asked you to take a closer look at your company's credit policies. You have been given the following information: Accounts receivable balance: Average daily sales: Weighted average cost of capital: $560,000 $13,111 10% Your firm's DSO is 42.71 days 36.30 days 40.57 days Your boss is unhap 46.98 days mpany's DSO and wants to bring it down to the industry average of 25 days. The marketing department told you that they expect sales to grow by 16% next year. This means that your company can expect to have an accounts receivable balance of next year. Your boss is unhappy with your company's DSO and wants to bring it down to the industry average of 25 days. The marketing department told you that they expect sales to grow by 16% next year. This means that your company can expect to have an accounts receivable balance of next year. $304,175 $380,219 $266,153 $342,197 Flash Player MAC 32.0.0.387