Zoom has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts

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Zoom has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts receivable balance? Assume that it uses 365-day year.

a) $17,808

b) $216,666

c) $534,247

d) $593,607

e) None of the above

Related Book For answer-question

An Introduction to Management Science Quantitative Approaches to Decision Making

ISBN: 978-1111823610

14th edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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Posted Date: Sep 27, 2022 07:12 AM

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Zoom has a DSO of 30 days, and its annual sales are $6,500,000. What is its accounts

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An Introduction to Management Science Quantitative Approaches to Decision Making

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