The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the...

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The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the same rate as

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Answer 1

Answer #1

1.
Accounts Receivable=-99220+0.249*922000*1.3=199231.4

Inventories=10120+0.180*922000*1.3=225868.00

2.
DSO=199231.4/(922000*1.3)*365=60.67033

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