INTER. ACCOUNTING - CONNECT+ALEKS ACCESS
INTER. ACCOUNTING - CONNECT+ALEKS ACCESS
10th Edition
ISBN: 9781264770335
Author: SPICELAND
Publisher: MCG
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General Accounting
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Aristotle Corp. has an inventory turnover ratio of 14.92, based on annual sales of $18,500,000. The firm reports a current ratio of 8.25 and current liabilities of $410,000. The company also holds $590,250 in cash and marketable securities. What is the firm's Days Sales Outstanding (DSO)?
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