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Question: ABC Company's Days Sales Outstanding (DSO) is expected to change next year from 40.3 days to 42.7 days, although annual sales are expected to stay constant at $15,000,000 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 (e.g., 123456 or -123456).

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92769175

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