Greene Sisters has a DSO of 20 days. The companys average daily sales are $20,000. What is

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Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year.

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Question Posted: Sep 23, 2011 11:05 AM

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Greene Sisters has a DSO of 20 days. The companys average daily sales are $20,000. What is

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Corporate Finance A Focused Approach

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