Problem
Explain the importance of DSO and how a department can work to lower it.
The formula for calculating days sales outstanding can be represented with the following formula:
Knowing that reducing your days sales outstanding, even just by a few days, can put major amounts of cash back into your business, how do you get this number to diminish?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.