MC Qu. 162 Refer to the following selected financial...

Refer to the following selected financial information from McCormik, LLC. Compute the company's days' sales uncollected for Year 2. (Use 365 days a year.)

Multiple Choice

47.7.

118.6.

46.1.

54.3.

86.1.

MC Qu. 130 Carducci Corporation reported Net...

Carducci Corporation reported Net sales of $3.41 million and beginning Total assets of $1.09 million and ending Total assets of $1.49 million. The average Total asset amount is:

Multiple Choice

$1.29 million.

$0.32 million.

$1.92 million.

$2.32 million.

$0.34 million.

Year 2 Year 1 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold $ 39,200 $ 33,950 107,000 68,500 94,000 88,000 129,500 133,500 13,800 11,400 396,500 346,500 104,900 116,300 719,500 684,500 398,500 383,500