Data on Shick Inc

question 56

Multiple Choice

Data on Shick Inc.for 2013 are shown below,along with the days sales outstanding of the firms against which it benchmarks.The firm's new CFO believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average.If this were done,by how much would receivables decline? Use a 365-day year. Data on Shick Inc.for 2013 are shown below,along with the days sales outstanding of the firms against which it benchmarks.The firm's new CFO believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average.If this were done,by how much would receivables decline? Use a 365-day year. A) $ 8,078 B) $ 8,975 C) $ 9,973 D) $10,970 E) $12,067

Definitions:

YouTube Channels

Digital outlets on YouTube where individuals or organizations can publish and share their video content with a global audience.

Subscribers Worldwide

The total number of individuals or entities that have elected to receive regular updates or services across the globe.

Gaming Related

Pertaining to video games, including their development, play, culture, and business aspects.

Social Publishing

The process of producing and distributing content across social media platforms to engage audiences and amplify reach.