Question: please answer on how to get the dso? (In millions) The comparative financial statements of Highland Pools, Inc., for 2023, 2022, 2 (Click the icon

please answer on how to get the dso?  please answer on how to get the dso? (In millions) The

(In millions) The comparative financial statements of Highland Pools, Inc., for 2023, 2022, 2 (Click the icon to view the comparative financial data.) 2023 2022 2021 SC 21- Read the requirements. c Requirement 1. a. Compute the current ratios for 2023 and 2022. (Round yo 2023 2022 Balance sheet Current assets: Cash $ 90 $ 75 $ $ 60 Investment in trading securities 135 165 140 Receivables, net of allowance for uncollectible accounts of $7, $6, and $4, respectively 290 240 230 Inventories 370 325 330 75 Prepaid expenses 25 35 Total current assets $ 960 $ 830 $ 795 Total current liabilities $ 570 $ 625 $ 660 Income statement Net sales (all on account) $ 7,420 $ 4.700 $ 4,020 Current ratio = = 1.68 1.33 SO 21 Requirement 1. b. Compute the quick (acid-test) ratios for 2023 and 2022. 2023 2022 Quick (acid-test) ratio = = 0.90 0.77 Requirement 1. c. Compute the days' sales outstanding for 2023 and 2022. boxes (DSO) up to the next whole day.) answer 2023 2022 Days' sales outstanding (DSO) = 14.27 days 18.64 days Print Done

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