Question
Find cash flow from assets for the year 2023 using the data below. Dividends paid $400 Net Income $550 Operating cash flow $870 Change in
Find cash flow from assets for the year 2023 using the data below.
Dividends paid $400
Net Income $550
Operating cash flow $870
Change in net working capital $340
Cash flow to creditors $450
In addition to retained earnings $150
Cash flow to stockholders $330
Heidi Furniture has sales of $995,800. The cost of goods sold is equal to 42% of sales. If the company's inventory is equal to 11% of sales, how fast does the company sell products?
(I mean, how long it will take to sell the inventory in terms of days?)
Group of answer choices
65.40 days
95.60 days
125.30 days
145.40 days
35.60 days
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