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  #1  
Old 02-20-2017, 10:53 PM
DonBlanco DonBlanco is offline
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Default Finance Assignment

Hello all together,

at the moment I am studying at the Cal State Monterey Bay as an exchange student and I don't get a homework question. I hope I am in the right forum for that. Thank you very much in advance for your help.

The question is:

1. Garcia Industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. The industry average DSO is 27 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average, and if it earns 8.0% on any cash freed- up by this change, how would that affect its net income, assuming other things are held constant?
a. $241.45
b. $254.16
c. $267.54
d. $296.44

Can someone help me please?
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  #2  
Old 02-09-2020, 07:07 AM
SunnyMay SunnyMay is offline
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Default Re: Finance Assignment

Do you have problems with a financial task? OK. This question can be easily solved with the help of professionals cheap writing service. No matter what task you received, the main thing is that the service will help you get a competent solution to any academic question very quickly.
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Old 02-12-2020, 10:51 PM
SunnyMay SunnyMay is offline
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Default Re: Finance Assignment

ну как говорится, лучше не верить той ссылке что я постанул!
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Old 02-13-2020, 05:34 PM
Valz Miky Valz Miky is offline
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Posts: 337
Default Re: Finance Assignment

It seems too complicated for random person to suggest. I feel it’s never wise to get into these things because it brings no rewards for anyone. I always feel it’s better to go for something genuine and trustworthy.
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