ABC Company's Days Sales Outstanding (DSO) has increased from 20.3 days to 33.7 days this year, although the company's annual sales have stayed the same at $22,000,000. Given this change in the DSO,...


ABC Company's Days Sales Outstanding (DSO) has increased from 20.3 days to 33.7 days this year, although the company's annual sales have stayed the same at $22,000,000. Given this change in the DSO, by how much has Accounts Receivable increased for the year? Show your answer to the nearest dollar (e.g., 123456).



Jun 04, 2022
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