Question
Blanco, Inc. has the following income statement (in millions): BLANCO, INC. Income Statement For the Year Ended December 31, 2010 current assets $200 non-current assets
Blanco, Inc. has the following income statement (in millions):
BLANCO, INC.
Income Statement
For the Year Ended December 31, 2010
current assets $200
non-current assets 520
total assets 720
Using vertical analysis, what percentage is assigned to current assets?
Select one:
a. 120%
b. 28%
c. 100%
d. 72%
lower EPS is more favourable by investors
Select one: True False
if the receivables balance at 1/1/2019 is $80,000 and at 31/12/2019 is $70,000. if credit sales is $1,200,000. the average receivable turnover is
a. 15 times
b. 17.14 times
c. 16 times
d. 58.4 times
Please please, I don't have enough time, help me
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