Data on Pham Corp. for last year are shown below, along with the day's outstanding sales of the firms against which it benchmarks. Pham's new CFO, Hunter Prendes, believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks* average; if Hunter lakes this action, how much would receivables decline? Use a 365-day

year.

Formula = (BDSO*Sales /365 = Derive Debtors

Data on Pham Corp. for last year are shown below, along with the day's outstanding sales ol the fims against which it benchmarks. Pham's new CFO, Hunter Prendes, believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average; if Hunter takes this action, how much would receivables decline? Use a 365 -day Formula =(BDS0 Sales )365= Derive Debtors year. 59,918 59,819 58,991 $9,189 Data on Pham Corp. for last year are shown below, along with the day's outstanding sales ol the fims against which it benchmarks. Pham's new CFO, Hunter Prendes, believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average; if Hunter takes this action, how much would receivables decline? Use a 365 -day Formula =(BDS0 Sales )365= Derive Debtors year. 59,918 59,819 58,991 $9,189