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Business, 19.09.2019 16:20 lizdeleon248

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $435,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.

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Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year w...
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