Question: please help asap with 34 34. Kean Inc. has net incomes of 386,000, a profit margin of 8.6%, and an account receivable balance of $191,300.
please help asap with 34

34. Kean Inc. has net incomes of 386,000, a profit margin of 8.6%, and an account receivable balance of $191,300. Assuming 80% of sales are on credit, what is the company's DSO? Show your work when answering the question in the space below
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
