2019	2018
Net Sales	$ 3,749.9	$ 3,917.2
Consolidated Balance Sheet
	2019	2018
Cash and Cash equivalents	$ 281.9	$ 253.2
Trade receivables, net of allowance $7.2 and $9.3,	$ 450.8	$ 448.7
at 12/31/19 & 12/31/18 respectively
Other receivables, net	$ 35.8	$ 71.5
Total receivables, net	$ 486.6	$ 520.2
Inventories
Finished goods	$ 255.7	$ 242.8
Work in progress	$ 52.6	$ 42.6
Raw materials & supplies	$ 245.1	$ 241.8
LIFO reserve	$ (33.8)	$ (22.6)
Total inventories, net	$ 519.6	$ 504.6
Prepaid expenses and other current assets	$ 36.8	$ 33.2
Total current assets	$ 1,324.9	$ 1,311.2
Property, plant and equipment-at cost
machinery and equipment	$ 1,133.8	$ 1,099.1
Buildings and other	$ 559.4	$ 548.2
Land	$ 37.7	$ 40.0
Total property, plant and equipment	$ 1,730.9	$ 1,687.3
Less accumulated depreciation	$ (1,165.4)	$ (1,146.5)
Net property, plant and equipment	$ 565.5	$ 540.8
Other assets
Goodwill	791.3	806.1
Other intangibles, less accumulated amortization	164.9	188.4
of $137.0 & $139.8 at 12/31/19 & 12/31/18 respectively
Sundry	137.5	117.2
Total other assets	1093.7	1111.7
Total assets	$ 2,984.1	$ 2,963.7
Be sure to show all work
Complete the following 4 questions.
A. Find the accounts receivable turnover for 2019 & 2018.
At 12/31/17, accounts and other receivables , net were $523.3
	2019	2018
Answer
B. Find the days sales outstanding (DSO) for each year.
Answer
C. Does the number of days to collect receivables seem
apporpriate for the company (company in consumer goods, sells
to retailers).
Answer:
D. How could the company improve its accounts
receivables turnover?
Answer: