Sales 2018 accounts receivable $35M, 2019 cash collections $190M December 2019 DSO 54 days December 2019 Revenue $25M Days in December 30 What is the ending AR Beginning AR Sales Collections Ending AR Days sales outstanding DSO December 2019 revenue Days in December S S 35 0 19 4 (190 0) 54 25 00 3...

Calculation of Sales PArticulars To bal Bd sales Explanation AmountS DSO ARSales365 54 35 ...

Sales: 2018 accounts receivable = $35M, 2019 cash collections = $190M; December 2019 DSO = 54 days;

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Sales: 2018 accounts receivable = $35M, 2019 cash collections = $190M; December 2019 DSO = 54 days; December 2019 Revenue = $25M; Days in December = 30

What is the ending AR?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Nov 07, 2022 07:13 AM

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Sales: 2018 accounts receivable = $35M, 2019 cash collections = $190M; December 2019 DSO = 54 days;

Question:

Beginning AR Sales Collections Ending AR Days sales outstanding DSO December 2019 revenue Days in December S S 35.0 19.4 (190.0) 54 25.00 30 Beginning AR Sales Collections Ending AR Days sales outstanding DSO December 2019 revenue Days in December S S 35.0 19.4 (190.0) 54 25.00 30

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Fundamentals of Financial Management

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