Accounting Inventoy and Accounts Payable Discussion

A Co has sales of $5 million and a gross profit of $2 million and a cost of sales of $3 million. The curent Days Sales outstanding DSO 35 days. If the DSO drops to 30 days, what is the new accounts receivable balance?

a$410,959
b$479,452
c445,672
d None of the answers is correct

A Co has sales of $5 million, gross profit of $2 million and $3 million cost of sales. The curent Days Sales outstanding DSO 35 days. If the DSO drops to 30 days, by how much did the A Co. reduce its accounts receivable balance?

A.None of the answers is correct

B.410,959

c.68,493
d.13,699

If B. Co had a DSO of 30 days, an Inventoy Tunover of 5 and a DPO of 20 days and it sales were $5 million and its cost of sales were $3 million and its gross profit was $2 million what is B Co.’s net working capital assuming that it consisted entirely of accounts receivable, inventoy and accounts payable

these are a couple of the questions