What would be the days sales outstanding for dinoco

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Question - Dinoco Corporation has a current accounts receivable balance of $350,000. Credit sales for the year just ended were $4,250,000. What would be the days sales outstanding (DSO) for Dinoco?

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

Reference no: EM133173319

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