Assignment 16-Financial Planning and Forecasting Back to Assignment Attempts: Keep the Highest: 12 Attention: Due to a bug in Google Chrome, this page may not function correctly. Qlick here to learn more. 5. Financial ratios in the forecasting process Your boss has asked you to take a closer look at your company's credit polices. You have been given the following information: Accounts receivable balance: Average daily sales: weighted average cost of capital: $560,000 $11,921 11% Your firm's DSO is Your boss is unhappy with your company's DSO and wants to bring t down to the industry average of 25 days. The marketing department told you that they expect sales to grow by 14% next year. This means that your company can expect to have an accounts receivable balance of hs netarvea Save &Cobnue Coatinue wthout savang