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Tssio Inc: Balance Sheet (Millions of Dollars) Tssio Ine: Income Statement (Millions of Dollars) Millions of Dollars) S Cash and equivalents Accounts receivable Inventories Total Current assets $ 200 360 700 S 1.260 Net Sales Operating costs EBITDA Depreciation expense S Account payable Notes payble Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earning Total common equity Total liabilities and equity 376 140 190 706 800 1.506 1.000 194 1.194 S EBIT $ 6,000 2.900 $ 3.100 350 S 2.750 75 S 2.675 110 $ 2.565 Less interest expense EBT (Pretax Income) Taxes Net Income $ Net Fixed Asset Total Assets 1.410 $ 2.700 S. 2.700 17. What is Tessio's day sales outstanding (DSO)? a. 21.90 F b. 28.96 c. 23.12 d. 25.89 Tissio Inc. Balance Sheet (Millions of Dollars) Tssio Inc: Income Statement (Millions of Do (Millions of Dollars) S Casky and equivalents Accounts receivable Inventories Total Current assets S 200 360 700 $ 1.260 376 110 190 706 800 $ Account payable Notes payble Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earning Total common equity Total liabilities and equity S 1,506 Net Sales Operating Costs EBITDA Depreciation expense EBIT Less interest expense EBT (Pretax Income) Taxese Net Income $ 6,000 2.900 $ 3.100 350 $ 2.750 75 s 2.675 TO $ 2.565 1.000 194 1.194 2,700 Net Fixed Asset Total Assets 1.440 $ 2.700 S $