The Omani trade company manager put a plan to increase the days' sales outstanding in (2021) by (17%) out of the year (2020). Suppose the other things are unchanged; how much will this plan add an amount to the accounts receivable? If you know, account receivable, and sales were (150, 2000) thousand RO in 2020, respectively. (Note; Write all related Equations regarding the questions)
The Omani trade company manager put a plan to increase the days' sales outstanding in (2021) by (17%) out of the year (2020). Suppose the other things are unchanged; how much will this plan add an amount to the accounts receivable? If you know, account receivable, and sales were (150, 2000) thousand RO in 2020, respectively. (Note; Write all related Equations regarding the questions)
Chapter18: Long-term Debt Financing
Section: Chapter Questions
Problem 2BIC
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![The Omani trade company manager put a plan to increase the days'
sales outstanding in (2021) by (17%) out of the year (2020).
Suppose the other things are unchanged; how much will this plan
add an amount to the accounts receivable? If you know, account
receivable, and sales were (150, 2000) thousand RO in 2020,
respectively. (Note; Write all related Equations regarding the
questions)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F104e088a-9a4a-4fc0-ba07-aed0ed25b4fa%2Fc6a11157-4c6a-4d38-84bb-69a7f79b7583%2Flp76olp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Omani trade company manager put a plan to increase the days'
sales outstanding in (2021) by (17%) out of the year (2020).
Suppose the other things are unchanged; how much will this plan
add an amount to the accounts receivable? If you know, account
receivable, and sales were (150, 2000) thousand RO in 2020,
respectively. (Note; Write all related Equations regarding the
questions)
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