Question
Balance Sheet Current assets Cash 1,010,000 Acc receivable not given Inventories 1,150,000 Fixed assets 4,100,000 TOTAL ASSETS 7,200,000 Current liabilities Acc payable not given Long-term
Balance Sheet
Current assets Cash 1,010,000
Acc receivable not given
Inventories 1,150,000
Fixed assets 4,100,000
TOTAL ASSETS 7,200,000
Current liabilities
Acc payable not given
Long-term debt 2,900,000
Common stock 1,010,000
Retained earnings 2,830,000
TOTAL LIAB and EQUITY 7,200,000
Income Statement
Sales 21,600,000
Operating expense 18,140,000
EBIT 3,460,000
Interest expense 348,000
EBT 3,112,000
Taxes 1,245,000
Net income 1,867,000
What is the firm's days sales outstanding?
Answer Choices:
12.44
36.50
52.38
15.88
45.36
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Principles Of Commercial Real Estate Finance
Authors: Gail Ramshaw, Mortgage Bank
1st Edition
0793157099, 9780793157099
