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    Baker Brothers has a DSO of 40 days, and its annual sales are $7,300,000. What is its accounts receivalble bal
    Baker Brothers has a DSO of 40 days, and its annual sales are $7,300,000. What is its accounts receivalble balance? Assume it uses a 365-day year.
    a few seconds ago 4 Answers

    Best Answer

    In an ideal world,with everyone paying on time, approx. $803,000.
    a few seconds ago

    Other Answers

    • Sales of $7,300,000 over 365 days gives $20,000 a day, so 40 days in AR would be 40 x $20,000 = $800,000.

      by Sandy - 12 hours ago

    • How do you know the DSO and annual sales? If you got that because the company is public it should also have a balance sheet that shows their AR balance.

      by Bob - 12 hours ago

    • Are you serious?!

      by tlc - 12 hours ago

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