Seligstine, Inc.'s DSO was 31 days in March, and 45 days in April. Which of the following is NOT possible?
A) Sales increased from March to April.
B) Sales decreased from March to April.
C) May's quarterly uncollected balances schedule showed a higher percent of April's sales as uncollected than for March.
D) May's quarterly uncollected balances schedule showed a lower percent of April's sales as uncollected than for March.
E) All of the above are possible.
Correct Answer:
Verified
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