Suppose you are the head of a company. The biggest client of your company is going to come and visit for 2 days. The group including three people which are
company president(male,50 years old), purchasing manager(male, 35 years old),
and personnel manager (female, 35 years old).
Design
write paragraph
300words

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. $241.45b. $254.16c. $267.54d. $281.62e. $296.44