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Question 39 Given the following information what is the DSO? BALANCE SHEET (in millions) Cash $ 140.0 Accounts payable Notes payable $ 800.0 Accts receivable
Question 39 Given the following information what is the DSO? BALANCE SHEET (in millions) Cash $ 140.0 Accounts payable Notes payable $ 800.0 Accts receivable 8762 700.0 Inventories 1.323.8 Accruals 3000 Total current assets $2,340.0 Total current liabilities $1,800.0 Long-term bonds 1.000.0 $2,800.0 Total debt Common stock (50,000 shares) Retained earnings 200.0 1.000.0 Net plant & equip 1.660.0 Totalcomon equity Total assets $1.200.0 $4.000.0 Total liabilities & equity $4.000.0 INCOME STATEMENT (in Millions) Net sales Operating costs Depreciation $6,000.0 5,599.8 EBIT 100.2 $ 300.0 Less: Interest 96,0 EBT $ 204,0 Less: Taxes Net income 74.0 $ 130,0 A. 52.8 B. 64 C.255 0.53.3
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