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At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long-term debt of $10000. Corresponding entries for 2003 are $1600, $2000,

At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long-term debt of $10000. Corresponding entries for 2003 are $1600, $2000, and $8000. Asset values are below. During 2003, Yung.com had sales of $4000, cost of goods sold of $400, depreciation of $100, and interest paid of $150. The (average) tax rate is 21% , and all taxes are paid currently.

In 2003, the Days Sales Outstanding is ______________ (Keep the sign and two decimal numbers. Use 365 days for a year.)

Current Asset 2002 2003
Cash 900 900
Marketable securities 400 300
Accounts receivable 900 800
Inventory 1800 2000
Fixed Assets
Net Fixed Asset (Plant&Equipment) 6000 4000

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