Attempts: Average: /2 . Financial ratios in the forecasting process Aa Aa Rouster and Sideways...
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Attempts: Average: /2 . Financial ratios in the forecasting process Aa Aa Rouster and Sideways Corp. currently has $715,000 in accounts receivable and generated $4,870,000 in sales (all on credit) during the year that just ended. The firm's days sales outstanding (DSO) is the length of a year in all calculations. days? Use 365 days as Rouster and Sideways Corp.'s CFO is unhappy with its DSO and wants to improve collections next year. Sales are expected to grow by 12% next year, and the CFO wants to lower the DSO to the industry average of 30 days. How much accounts receivable is the firm expected to carry? $448,307 O $425,892 O $582,799 O $470,722 Flash Player WIN 27,0,0,187
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