Test your Senior-level Efficiency Ratios Receivable Days skills in Financial Analysis Ratios. This timed assessment evaluates your expertise in Accounting.
Duration: 5 minutes
•40 questions
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40 questions remaining
Question 1 of 40Assessment
A company with $10M in annual sales and a DSO of 36.5 days has a single customer responsible for $1M of its sales. If this customer pays 30 days late, what is the approximate impact on the company's DSO?