Question
Balance Sheet (Millions) Income Statement (Millions) Assets Cash 1,290 Net Sales 51,600 Receivables 9,890 Operating Costs 48,246 Inventory 13,760 Depreciation 903 PP&E 18,060 EBIT 2,451
| Balance Sheet (Millions) |
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| Income Statement (Millions) |
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| Assets |
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| Cash | 1,290 |
| Net Sales | 51,600 | |||||||||||||||
| Receivables | 9,890 |
| Operating Costs | 48,246 | |||||||||||||||
| Inventory | 13,760 |
| Depreciation | 903 | |||||||||||||||
| PP&E | 18,060 |
| EBIT | 2,451 | |||||||||||||||
| Total Assets | 43,000 |
| Interest | 927 | |||||||||||||||
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| EBT | 1,524 | |||||||||||||||
| Liabilities and OE |
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| Taxes | 534 | |||||||||||||||
| Accounts Payable | 8,170 |
| Net Income | 990 | |||||||||||||||
| Notes Payable | 6,677 |
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| Wages Payable | 4,073 |
| Other Data |
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| Long Term Bonds | 8,815 |
| Shares Outstanding (millions) | 750 | |||||||||||||||
| Total Equity | 15,265 |
| Dividends (millions) | $346.67
Calculate the Days Sales Outstanding. Show work for credit. |
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Financial Management Principles And Practices
Authors: Timothy J. Gallagher
9th Edition
1954156103, 978-1954156104
