Moschino Botanical Bear Women Short Sleeves Short Dress Black
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Internal company records. That's the answer if you need me to explain it just tell me, hope it was helpful. Peace✌️
Its between a an B but i think its A
The answer is 3 most definitely three lol 1+1=3 yup you bet lol
<u>Solution and Explanation:</u>
The following formula is used in order to calculate the days sales outstanding:
Days sales out standing = ( Accounts receivable divided by Sales ) multiply with 365
= $1.5 million divided by $12 million multiply with 365
After calculating we get, 45.625 days
<u>In order to calculate the capital released, the following formula is used:
</u>
![Capital released $=$ Sales $*$ (DSO - Credit period) $/ 365$](https://tex.z-dn.net/?f=Capital%20released%20%24%3D%24%20Sales%20%24%2A%24%20%28DSO%20-%20Credit%20period%29%20%24%2F%20365%24)
![=\$ 12 \text { million } *(45.625-30) / 365](https://tex.z-dn.net/?f=%3D%5C%24%2012%20%5Ctext%20%7B%20million%20%7D%20%2A%2845.625-30%29%20%2F%20365)
= 513699
Therefore, the capital released is $513699