hard · Corporate Credit Analysis
GrowCo is projected to increase its revenue from $2.0B to $2.4B next year. The company's average Days Sales Outstanding (DSO) is 60 days.
Assuming no other changes in working capital components, how much cash will this revenue growth absorb in the form of incremental accounts receivable?
- $65.8M
- $131.5M
- $39.5M
- $400.0M
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