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According to the information presented below, can you calculate the Days of Sales Outstanding for Alternatives, INC? *Round your answer to the nearest two
According to the information presented below, can you calculate the Days of Sales Outstanding for Alternatives, INC? *Round your answer to the nearest two decimals (nearest hundredth), if needed. Please type your answer as a decimal and not as percentage (i.e., 0.052 and not 5.2). Please do not type symbols in your answer (e.g., $, %, ...) EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract Cash & Equivalents $9,237,115 Receivables $3,093,212 Inventory $8,924,371 Total Current Assets $21,062,643 Total Non-Current Assets $12,675,152 Payables $3,251,377 Total Current Liabilities $8,512,486 Total Liabilities $13,576,132 Number of Shares Outstanding 1,458,757 Shareholders' Equity ??? Price per Share $68 Alternatives, INC Income Statement Extract Total Revenue $44,326,308 Cost of Goods Sold $21,625,795 Depreciation $759,352 Interest Expense Operating Expenses Earnings before Interest and Taxes (EBIT) Net Income $15,477,763 $1,682,362 ??? ??? Payout Ratio 36
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