What would dso be if all customers paid on time


Peppermint Company has sales of $9 million per year, all on credit terms calling for payment within 30 days; and its accounts receivable are $2.25 million. Assume 365 days in year for your calculations. What would Peppermint's DSO be if all customers paid on time?

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Finance Basics: What would dso be if all customers paid on time
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