Sppose firm xyz has ar accounts receivable 500 sales , Ask an Expert

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Suppose firm XYZ has AR (Accounts Receivable) = 500, Sales = 3000, Inventory = 300, Cost of Goods Sold = 1200, and AP (Accounts Payable) = 100. How much cash does firm XYZ save if it reduces its Days Sales Outstanding by 10 days? What are specific activities an organization can engage in to accomplish these goals?

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Financial Management, Finance

Category:- Financial Management
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