1 pointsSave Answer Heaton Corp. sells on terms that allow customers 4s days to pay for merchandise. Its sales last year were S425,000, and its year-end receivables were paying early or late? Base your answer on this equation: DSO - Credit period - days early or late, and use a 365-day year when calculating QUESTION 19 than the 4S-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are the DSO. A Oa.7.56 O b.7.20 Oc. 6.86 Od. 6.53 0e.6.20 positive answer indicates late payments, while a negative answer indicates early payments. QUESTION 20 1 pointsSave Answer Northwest Lumber had a profit margin of 5.25%, a total assets turnover of 1.5, and an equity multipl 0 a 14.88% b. 15.63% Oc. 13.47% 0 d. 12.79% 00, 14, 18% ier of 18. What was the firm's ROE