Moving to the next question prevents changes to this answer. Question 4 Using the information below, what is the days sales outstanding (DSO) of the firm? Balance Sheet Cash & M/S 85,000 Accruals 10,000 Receivables 55,000 Accounts Payable 40,000 Inventories 100,000 Notes Payable 50,000 Fixed Assets 370,000 Long-term Liabilities 200,000 Common Equity 310,000 Total Assets 610,000 Total 610,000 Annual Sales = $1,500,000 Cost of Goods Sold = $1,200,000 Net Income $50,000 Number of Shares Outstanding = 20,000 Stock price $45 12.0 O 13.2 O 16.5 O 22.0 O 30.5 Moving to the next question prevents changes to this