Question: MC . 1 6 . 0 9 3 . Algo Question 3 1 Dyl Pickle Inc. had credit sales of $ 4 , 7 0

MC.16.093.Algo
Question 31
Dyl Pickle Inc. had credit sales of $4,700,000 last year and its days sales outstanding was DSO =55 days. What was its average receivables balance, based on a 365-day year?
a. $12,877
b. $85,455
c. $15,181
d. $615,476
e. $708,219
MC.16.093.Algo Question 31 Dyl Pickle Inc. had credit sales of $4,700,000

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