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Business, 26.11.2019 02:31, maddoxlachowski
Edwards industries has $390 million in sales. the company expects that its sales will increase 9% this year. edwards' cfo uses a simple linear regression to forecast the company's receivables level for a given level of projected sales. on the basis of recent history, the estimated relationship between receivables and sales (in millions of dollars) is as follows: receivables = $7.75 + 0.13(sales) given the estimated sales forecast and the estimated relationship between receivables and sales, what are your forecasts of the company's year-end balance for receivables? enter your answer in millions. for example, an answer of $25,000,000 should be entered as 25. round your answer to two decimal places. $ 58.45 million what are your forecasts of the company's year-end days sales outstanding (dso) ratio? assume that dso is calculated on the basis of a 365-days year. do not round intermediate calculations. round your answer to two decimal places.
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Business, 22.06.2019 10:30, natajaeecarr
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Edwards industries has $390 million in sales. the company expects that its sales will increase 9% th...
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