Complete the following graded homework assignment in a Word document named “FIN515_Homework2_yourname." Show the details of your calculation/work in your answer to the problems.
ALL QUESTIONS AND ANSWERS ARE IN ATTACHMENTS
Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000.
What is the level of its accounts receivable? Assume there are 365 days in a year.