Use the following simplified 2022 balance sheet to show, in general terms, how an improvement...
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Finance
Use the following simplified balance sheet to show, in general terms, how an improvement in the DSto affect the stock price. For example, if the company could improve its collection procedures and therebDSO from days to the day industry average without affecting sales, how would that change ripplthe financial statements shown in thousands below and influence the stock price?
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