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Lockheed Martins 2016 financial statements include the following: (millions) 2016 2015 Sales $47,248 $40,536 Accounts receivable 8,202 7,254 Inventory 4,670 4,819 Accounts payable 1,653 1,745
Lockheed Martins 2016 financial statements include the following:
(millions) | 2016 | 2015 |
Sales | $47,248 | $40,536 |
Accounts receivable | 8,202 | 7,254 |
Inventory | 4,670 | 4,819 |
Accounts payable | 1,653 | 1,745 |
Forecast accounts receivable, inventory, and accounts payable for 2017 given that sales are expected to grow by 5% in 2017.
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