Question
Your company had sales of $14,600,000 in 2017 and receivables of $1,600,000. Your boss asks you this question: What would happen to the cash if
Your company had sales of $14,600,000 in 2017 and receivables of $1,600,000. Your boss asks you this question: What would happen to the cash if DSO gets worse by 5 days?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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