Clinton, Inc. 2019 Income Statement ($ in millions) Net sales $ 9,670 Cost of goods sold 7,860 Depreciation 475 Earnings before interest and taxes $ 1,335 Interest paid 108 Taxable income $ 1,227 Taxes 429 Net income $ 798

Clinton, Inc. 2018 and 2019 Balance Sheets ($ in millions) 2018 2019 2018 2019 Cash $ 250 $ 280 Accounts payable $ 1,450 $ 1,435 Accounts rec. 1,040 940 Long-term debt 1,120 1,320 Inventory 1,870 1,725 Common stock 3,380 3,310 Total $ 3,160 $ 2,945 Retained earnings 660 910 Net fixed assets 3,450 4,030 Total assets $ 6,610 $ 6,975 Total liab. & equity $ 6,610 $ 6,975 What is the days' sales in receivables for 2019?

MC algo 3-11 Days' Sales In Receivables 18 Use the following information to answer this question. 4 points X 00:24:06 Clinton, Inc. 2019 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $9,670 7,860 475 $1,335 108 $1,227 429 Net income $ 798 Clinton, Inc. 2018 and 2019 Balance Sheets ($ in millions) 2018 2019 $ 250 $ 280 Accounts payable 1,040 940 Long-term debt Cash Accounts rec. 2018 2019 $1,450 $1,435 1, 120 1,320 MC Graw Hill Education 429 Taxes Net income $ 798 ats 00:23:56 Cash Accounts rec. Inventory Total Net fixed assets Total assets Clinton, Inc. 2018 and 2019 Balance Sheets ($ in millions) 2018 2019 $ 250 $ 280 Accounts payable 1,040 940 Long-term debt 1,870 1,725 Common stock $3,160 $2,945 Retained earnings 3,450 4,030 $6,610 $6,975 Total liab. & equity 2018 2019 $1,450 $1,435 1,120 1,320 3,380 3,310 660 910 $6,610 $6,975 What is the days' sales in receivables for 2019? Multiple Choice Activate Go to Set w e Lr