Dyl pickle inc had credit sales of 3600000 last year and


Dyl Pickle Inc. had credit sales of $3,600,000 last year and its days sales outstanding was DSO = 35 days. What was its average receivables balance, based on a 365-day year.

a)07,342
b)62,466
c)00,329
d)03,890
e)45,205

 

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Finance Basics: Dyl pickle inc had credit sales of 3600000 last year and
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