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A company has the following information for the year Cash 50 Accounts payable = 140 Receivables - 250 Notes payable = 60 Inventories - 300

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A company has the following information for the year Cash 50 Accounts payable = 140 Receivables - 250 Notes payable = 60 Inventories - 300 Accruals = 100 CA - 800 CL-300 Foed swets - 400 Long-term debt 150 Total assets - 1000 Common equity * 550 Net Income - 40 Sales-2400 This company's days sales outstanding is If the industry average is 32 days, the company looks more.less) et cient than the average firm N

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