Baker Brothers has a DSO of 40 days, and its annual sales are $7,300,000. What is its accounts receivalble bal
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 minutes 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 minutes ago
Are you serious?!
by tlc - 12 minutes ago
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