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Problem 10. (5 points) Walton, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 2018
Problem 10. (5 points) Walton, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 2018 $44,000 $25,000 101,000 62,000 78,000 50,000 182.000 120,000 $405,000 $257.000 Additional information for the year ending December 31, Net Credit Sales $550,000 Cost of Goods Sold 150,000 Interest Expense 24,000 Net Income 184,000 What is the companies Days in sales in Receivables
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