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e nours, 47 minutes, 50 seconds. Question Completion Status: 2 3 4 Use the following information to answer this question. Windswept, Inc. 2017 Income Statement
e nours, 47 minutes, 50 seconds. Question Completion Status: 2 3 4 Use the following information to answer this question. Windswept, Inc. 2017 Income Statement (5 in millions) Net sales $ 8.650 Cost of goods sold 7.340 Depreciation 410 Earnings before interest and taxes $ 900 Interest paid 88 Taxable income $ 812 Taxes 284 Net income $ 528 Windswept, Inc. 2016 and 2017 Balance Sheets (5 in millions) 2016 2017 2016 2017 Cash $ 140 $ 170 Accounts payable 5 1,030 5 1,135 Accounts rec. 820 720 Long-term debt 1.030 1,265 Inventory 1,550 1,550 Common stock 3.200 2.930 Total $ 2.510 $ 2,440 Retained earnings 520 770 Net fixed assets 3.270 3,660 Total assets $ 5.780 $ 6,100 Total liab. & equity 5 5.780 S 6.100 What is the days' sales in receivables for 2017? I (5 in millions) 2016 2017 2016 2017 Cash $ 140 $ 170 Accounts payable $ 1,030 $ 1,135 Accounts rec. 820 720 Long-term debt 1.030 1,265 Inventory 1.550 1,550 Common stock 3,200 2,930 Total $ 2.510 5 2,440 Retained earnings 520 770 Net fixed assets 3,270 3,660 Total assets 55,780 $ 6.100 Total liab. & equity 5 5.780 S 6.100 What is the days' sales in receivables for 2017? 32.49 days 43.08 days 56.44 days 30.38 days 29.97 days A Minetthanat
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