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Business, 18.10.2019 18:10 ogsmash81

Acompany sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $2,500,000 and its year-end receivables were $500,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how many days are customers paying early or later? use a 365-day year when calculating the dso

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