Kizspy | Question: 30
(Choose 1 answer)
(20556) Efficiency ratio: 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 DSO to be 35 days, by how much will the accounts receivable have to change?
A. $373,816.23
B. -$373,816.23
C. -$379,008.12
D. $379,008.12
