Refer to Kewell Boomerangs. During 2002 Kewells days salesoutstanding (DSO) was

Refer to Kewell Boomerangs. During 2002 Kewells days salesoutstanding (DSO) was 40 days. The industry average DSO was 30days. Assume instead that in 2002 Kewell had been able to achievethe industry-average DSO without reducing its sales and that thefreed-up cash would have been used to reduce accounts payable. Ifthis reduction in DSO had successfully occurred what would havebeen Kewells new current ratio in 2002? (Assume Kewell uses a365-day accounting year.)