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What will be the amount of the company accounts receivable

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Reference no: EM132636150

Problem 1: A company wants to reduce its days of sales outstanding to 25 by pressuring its customers to pay more quickly. The company expects that its efforts will cause sales to decrease by 16%. The company has $757,788 of accounts receivable that represent 39 days of sales outstanding. What will be the amount of the company's accounts receivable after the change?

Reference no: EM132636150

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