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
Ans: B) -$373,816.23
Business
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