Business, 23.09.2020 05:01 kuddlebugsmommy

Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales$8,750 Cost of goods sold 7,390 Depreciation 415 Earnings before interest and taxes$945 Interest paid 90 Taxable income$855 Taxes 299 Net income$556 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash$150 $180 Accounts payable$1,070 $1,185 Accounts rec. 840 740 Long-term debt 1,040 1,270 Inventory 1,580 1,565 Common stock 3,220 2,940 Total$2,570 $2,485 Retained earnings 530 780 Net fixed assets 3,290 3,690 Total assets$5,860 $6,175 Total liab. & equity$5,860 $6,175 What is the days' sales in receivables for 2017? Multiple Choice 32.95 days 30.87 days 43.74 days 30.45 days 58.53 days

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Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in m...

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