Question: Back to Assignment Attempts Keep the Highest/1 5. Practice Problem 15-3 eBook Axis Wells and Excavation (AWE) currently generates $117,000 in annual credit sales, AWE
Back to Assignment Attempts Keep the Highest/1 5. Practice Problem 15-3 eBook Axis Wells and Excavation (AWE) currently generates $117,000 in annual credit sales, AWE sels on terms of net 50, and its accounts receivable balance averages $13,000 AWE is considering a new credit policy with terms of net 25, Under the new policy, sales will decrease to 186,400, and accounts receivable will average $14,400. Compute the days sales outstanding (DSO) under the existing policy and the proposed policy. Assume there are 360 days in a year. Round your answers to the nearest whole numbe DSO days DSON days
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