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Your boss has asked you to take a closer look at your company's credit policies. You have been given the following information: Your firm's days
Your boss has asked you to take a closer look at your company's credit policies. You have been given the following information: Your firm's days sales outstanding (DSO) is Your boss is unhappy with your company's DSO and wants to bring it down to the industry average of 30 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. ) is choose your answer... choose your answer... r. T56.99 days 36.27 days 54.40 days 51.81 days choose your answer... $399,008 $443,342 $576,345 he ma $554,178 the ance of choose your
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