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15. The partial balance sheet and income statement are shown below. Fill in the missing items using whole dollars. Balance Sheet (Millions of 5) Assets
15. The partial balance sheet and income statement are shown below. Fill in the missing items using whole dollars. Balance Sheet (Millions of 5) Assets Cash and securities Accounts receivable. Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities. Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $1 2016 $ 1554 9660 13.440 $42,000 $7,980 5,880 4.620 $18,480 9240 $12.600 2016 Net sales COGS Earnings before int, taxes, depr, and amort (EBITDA) Depreciation Earnings bef int and taxes (EBIT) Less interest Earnings before taxes (EBT) $58,000 $ $ $1.029 $ 2,497 Taxes (21.7%) Net income S S. a) What is the firm's working capital? (show your work) 1.050 $ 1,447 b) Compute the firm's days sales outstanding. Assume a 360-day year for this calculation. (sh c) What is the company's inventory turnover ratio? (show your work) a. 4.62 b. 4.19 c. 4.40 d. None of the above
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