Question
Blaine Computer has the following income statement and balance sheet. Sales Cost of goods sold Selling, general & admin expenses Depreciation Interest expense Taxes
Blaine Computer has the following income statement and balance sheet. Sales Cost of goods sold Selling, general & admin expenses Depreciation Interest expense Taxes (30%) Net income Cash Receivables Inventory Net fixed assets Total Assets Accounts payable Other current liabilities Notes payable Long-term debt Total Equity Total Liabilities & Equity What is Blaine's days sales outstanding? Assume 365 days in a year. 1,300,000 800,000 165,000 61,000 16,000 77,400 180,600 110,000 180,000 170,000 460,000 920,000 46,000 55,000 82,000 122,000 615,000 920,000
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
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