Multiple Choice
Which of the following mathematical equations is used to calculate days sales outstanding (DSO) ?
A) Days sales outstanding (DSO) = Receivables + Daily credit sales
B) Days sales outstanding (DSO) = Payables + Daily credit sales
C) Days sales outstanding (DSO) = Receivables/Cost of goods sold
D) Days sales outstanding (DSO) = Accounts payable/Cost of goods sold
E) Days sales outstanding (DSO) = Receivables/Daily credit sales
Correct Answer:
Verified
Correct Answer:
Verified
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