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I need help in this question, I have only 30 minutes and i need fast help please Question 1 Use the following information to answer

I need help in this question, I have only 30 minutes and i need fast help please

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Question 1 Use the following information to answer this question Windswept. Inc. Year 2 Income Statements in millions) Net sales $ 9,920 Less: Cost of goods sold 8,140 Less: Depreciation 490 Earnings before interest and taxes $ 1,290 Less: Interest paid 120 Taxable income $ 1,170 Less: Taxes 410 Net Income $ 760 Windswept. Ing. Year 1 and Year 2 Balance Sheets (5 in millions) Year 1 Year 2 Cash $ 300 $ 330 Accounts payable Accounts rec. 1.140 1,040 Inventory Long-term debt 2.030 1,790 Common stock Total $ 3,470 $ 3,160 Retained earnings Net fixed assets 3,590 4,140 Total assets $ 7,060 $ 7.300 Total liab. & equity Year 1 $ 1,670 1.190 $ 3.520 680 Year 2 $ 1.935 1,345 $ 3,090 930 $ 7,060 $ 7,300 What is the days' sales outstanding? (use Year 2 values, not an average) O 86.77 days 38.27 days O 37.74 days O 52.00 days 40.11 days Question 3 Use the following information to answer this question. Windswept. Inc. Year 2 Income Statements in millions Net sales $ 10,350 Less: Cost of goods sold 7,800 Less: Depreciation 405 Earnings before interest and taxes $ 2,145 Less: Interest paid 94 Taxable income $ 2.051 Less: Taxes 718 Net Income $ 1.333 Windswept. Inc. Year 1 and Year 2 Balance Sheets ($ in millions) Year 1 Year 2 Cash $ 250 $ 280 Accounts payable Accounts rec. 1.050 950 Long-term debt Inventory 1,910 1.700 Common stock Total $ 3.210 $ 2.930 Retained earnings Net fixed assets 3,420 3.970 Total assets $6.630 $ 6.900 Total liab. & equity Year 1 $ 1.670 1,040 $3,300 620 Year 2 $ 1,707 1.323 $3,000 870 56.630 $ 6.900 What is the financial leverage ratio for Year 27 (using the year-end value, not an average) O 2.30 1.78 O 1.32 O 1.76 1.72

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