Pacific Industries has a DSO of 32 days. The company's average daily sales are $22,500. Assume there are 365 days in a year. What is the level of its accounts receivable? a. $540,000 b. $720,000 c. $247,500 d. $820,125
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- Please Give the answer of this questionMRK corporation has a DSO of 35 days. The company's annual credit sales are $10 million. What is the level of its accounts receivable? Assume there are 365 days in a year.? Group of answer choices $350 million $958, 904 $400 million $1,369, 863Provide answer for this question
- What is the level of its accounts receivable?Beethoven Corp. had net sales of 45,600 and ending accounts receivable of 5,700 for the current period. Its days' sales uncollected equals: (Use 365 days a year.) a. 40.25 days b. 36.17 days c. 45.63 days d. 32.43 days e. 30.47 days HELPAssume there are 365 days in a month year
- A firm has sales of $1.4 million, and 10 percent of the sales are for cash. The year-end accounts receivable balance is $205,000. What is the average collection period? (Use 365 days in a year. Do not round intermediate calculation. Round the final answer to the 1 decimal place.) Average collection period days 76thjbnnI need solutionSuppose that Dominion Corporation has annual sales of $5.32 million, cost of goods sold of $2,340,000, average inventories of $1,456,000, and average accounts receivable of $978,000. Assume that all of Dominion's sales are on credit. What will be the firm's operating cycle? (Use 365 days a year. Round your final answer to nearest number.)