2019 3,749.9 $ 2018 3,917.2 Net Sales $ Consolidated Balance Sheet $ $ 2019 281.9 $ 450.8 $ 2018 253.2 448.7 $ $ 35.8 $ 486.6 $ 71.5 520.2 $ $ $ $ $ $ $ 255.7 $ 52.6 $ 245.1 $ (33.8) $ 519.6 $ 36.8 $ 1,324.9 $ 242.8 42.6 241.8 (22.6) 504.6 33.2 1,311.2 Cash and Cash equivalents Trade receivables, net of allowance $7.2 and $9.3, at 12/31/19 & 12/31/18 respectively Other receivables, net Total receivables, net Inventories Finished goods Work in progress Raw materials & Supplies LIFO reserve Total inventories, net Prepaid expenses and other current assets Total current assets Property, plant and equipment at cost machinery and equipment Buildings and other Land Total property, plant and equipment Less accumulated depreciation Net property, plant and equipment Other assets Goodwill Other intangibles, less accumulated amortization of $137.0 & $139.8 at 12/31/19 & 12/31/18 respectively Sundry Total other assets Total assets $ 1,133.8 $ 1,099.1 $ 559.4 $ 548.2 $ 37.7 $ 40.0 $ 1,730.9 $ 1,687.3 $ (1,165.4) $ (1,146.5) $ 565.5 $ 540.8 791.3 164.9 806.1 188.4 137.5 1093.7 2,984.1 $ 117.2 1111.7 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 appor priate for the company (company in consumer goods, sells to retailers). Answer: D. How could the company improve its accounts receivables turnover