Afirm has total assets of $500 million, including its accounts receivable, which is worth $120 million. the annual sales of the firm is $650 million. the days sales outstanding (dso) ratio of the firm is:

The days sales outstanding (DSO) ratio of the firm is 67 days.

Explanation:

In this question we use the formula of days sales outstanding which is shown below:

Day sale outstanding =  Accounts receivable ÷ annual sales × total number of days in a year

where,

accounts receivable is $120 million

Annual sale is $650 million

And, we assume 365 days in a year

Now, put these values on the above equation.

So, the Days sales outstanding would be equal to

= $120 million ÷ $650 million × 365 days

= 0.184615 × 365 days

= 67 days

Hence, the days sales outstanding (DSO) ratio of the firm is 67 days.

answer; ///the correct answer is (organizational effectiveness);

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough