Philip philips inc had credit sales of 3500000 last year
Philip Philips Inc. had credit sales of $3,500,000 last year and its days sales outstanding was DSO = 40 days. What was its average receivables balance, based on a 365-day year?
$335,616
$342,258
$370,017
$383,562
$407,944
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philip philips inc had credit sales of 3500000 last year and its days sales outstanding was dso 40 days what was its
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