Back to Assignment Attempts: Average: 12 4. Financial ratios in the forecasting process Your bons has asked you to take a closer look at your company's credit policies. You have been given the following information: Accounts receivable balance Average daily sales Weighted average cost of capital $560,000 512,980 8% Your firm's days sales outstanding (DSO) is Your boss is unhappy with your company's DSC and wants to bring it down to the industry average of 25 days. The marketing department told you that they expect sales to grow by 14% he year. This means that your company can expect to have an accounts receivable balance of next year