Question: P 0 WORDS POWERED BY TINY QUESTION 9 10 points Save Antwer Adam Corp sells on terms that allow customers 45 days to pay for

P 0 WORDS POWERED BY TINY QUESTION 9 10 points Save Antwer Adam Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $420,000, and its year-end receivables were $64,000. If its DSO is less than the 45-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late? Base your answer on this equation: DSO Credit Period - Days early or late, and use a 365-day year when calculating the DSO. A positive answer indicates late payments, while a negative answer indicates early payments. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph v Arial Y 10pt 7 v

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