Reston inc.’s annual sales normally equal $17,000,000. ten (10) percent of reston’s sales are cash payments;

Reston inc.'s annual sales normally equal $17,000,000. ten (10) percent of reston's sales are cash payments; the remaining 90 percent of sales are on credit, with 40 percent outstanding for 10 days, 30 percent outstanding for 20 days, 20 percent outstanding for 25 days, and 10 percent outstanding for 30 days. what is reston's days sales outstanding (dso)?
a. 19.00 days
b. 18.00 days
c. 21.25 days
d. 17.00 days
e. 23.75 days

Related Posts

This Post Has 4 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *