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  3. use the following simplified 2022 balance sheet to

Use the following simplified 2022 balance sheet to show, in general terms, how an improvement...

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Finance

Use the following simplified 2022 balance sheet to show, in general terms, how an improvement in the DSto affect the stock price. For example, if the company could improve its collection procedures and thereb164DSO from 46.4 days to the 32-day industry average without affecting sales, how would that change ripplthe financial statements (shown in thousands below) and influence the stock price?

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