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What would be the days sales outstanding

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Question - Rusteze Inc. has a current accounts receivable balance of $720,000. Credit sales for the year just ended were $6,500,000. What would be the days sales outstanding (DSO) for Rusteze?

The industry average days sales outstanding (DSO) is 35 days, based on a 365-day year. Is Rusteze performing better than the industry in managing its credit and collection policy? Explain why or why not?

Reference no: EM133162212

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