Data on Shick Inc

question 84

Multiple Choice

Data on Shick Inc.for last year 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.Do not round your intermediate calculations. ​

• A) $11,538
• B) $7,726
• C) $12,053
• D) $10,301
• E) $10,507

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Definitions:

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A developmental disorder characterized by difficulties with social interaction and communication, and by restricted or repetitive patterns of thought and behavior.

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