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Question Completion Status: Question 4 Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,640

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Question Completion Status: Question 4 Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,640 Cost of goods sold 7.940 Depreciation 470 Earnings before interest and taxes $ 1,230 Interest paid 112 Taxable income $ 1,118 Taxes 391 Net income $ 727 Windswept, Inc. 2016 and 2017 Balance Sheets (5 in millions) 2016 2017 2016 2017 Cash $ 260 $ 290 Accounts payable $ 1.510 $ 1.735 Accounts rec. 1,060 960 Long-term debt 1,150 1,325 Inventory 1,910 1.730 Common stock 3,440 3.050 Total $ 3.230 $ 2.980 Retained earnings 640 890 Net fixed assets 3,510 4,020 Total assets $ 6,740 $ 7.000 Total liab. & equity $ 6,740 $ 7.000 What is the days sales in receivables for 2017? 36.35 days 38.24 days 35:85 days 50.06 days 79.76 days

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