Category of industry is real estate. The analysis of Days Sales Outstanding is as follows: 2015: 254 days 2016: 338 days 2017: 332 days 2018: 169 days 2019: 81 days a. What is the simple trend analysis for that Days Sales Outstanding and why it is increasing and decreasing? b. Compare the ratio with the industry average.

Category of industry is real estate. The analysis of Days Sales Outstanding is as follows: 2015: 254 days 2016: 338 days 2017: 332 days 2018: 169 days 2019: 81 days a. What is the simple trend analysis for that Days Sales Outstanding and why it is increasing and decreasing? b. Compare the ratio with the industry average.

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter5: Accounting Systems

Section: Chapter Questions

Problem 27E

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