Question: I need help with this general accounting problem using proper accounting guidelines. Norris Hardware offers sales terms of 2/15, net 40. During the year, total

I need help with this general accounting problem using proper accounting guidelines.

Norris Hardware offers sales terms of 2/15, net 40. During the year, total credit sales amounted to $920,000. Of this, 30% of customers paid within the discount period, while the remaining 70% paid, on average, 80 days after their purchase. Assume a 365-day year. What is the days sales outstanding (DSO)

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