Abc companys days sales outstanding dso is expected to, Ask an Expert

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ABC Company's Days Sales Outstanding (DSO) is expected to change next year from 40.3 days to 55.8 days, although annual sales are expected to stay constant at $22,000,000 per year. Given this change in the DSO, by how much will Accounts Receivable change next year? Show your answer to the nearest dollar, and if it is negative, show a negative sign.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92356669

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