What is inflex corp.s days sales outstanding

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Reference no: EM13289711

Inflex Corp. uses credit terms of 3/15 net 40. 30% of their customers take advantage of the discount and pay on day 15, 70% of their customers pay on day 40. What is Inflex Corp.'s days sales outstanding? Please show work

a. 3.06 days
b. 25 days
c. 27.5 days
d. 32.5 days

 

Reference no: EM13289711

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