Kizspy | Question: 2 (Choose 1 answer)
Deutsche Bearings has total sales of $9,745,923, inventories of $2,237,435, cash and equivalents of $755,071,and days' sales outstanding of 49 days. If the firm's management wanted its days' sales outstanding (DSO) to be 35 days, by how much will the accounts receivable have to change? Round your final answer to two decimal places.
A. $373,816.23
B. -$373,816.23
C. -$379,008.12
D. $379,008.12
