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Topic: Miscellaneous
Number of pages / Number of words: 4 / 954
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754). Cisco reported net sales of $9.8 billion which is a 16.5% increase from last year and the company posted a net income of 2.1 billion dollars for the second quarter of 2008. The companies day sales outstanding in its accounts receivable in the second quarter of 2008 was 38 days, compared to 38 days at the end of the fourth quarter of 2007...


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The companies day sales outstanding in its accounts receivable in the second quarter of 2008 was 38 days, compared to 38 days at the end of the fourth quarter of 2007. Days sales outstanding (DSO) is measure of the average number of days that a company takes to collect revenue after a sale has been made (Investopedia, 2008)...


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