Answered: If net sales total $120,000, beginning…

If net sales total $120,000, beginning accounts receivable was $15,000, and ending accounts receivable is $20,000, what is the days sales outstanding (DSO)?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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Question

DSO? Account. Answer want

If net sales total $120,000, beginning accounts
receivable was $15,000, and ending accounts
receivable is $20,000, what is the days sales
outstanding (DSO)?

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