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Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 195,000.00 140,000.00 11,800.00 43,200.00 6,800.00 36,400.00 8,600.00 27,800.00 Waxham Feed Balance Sheet 2006
Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 195,000.00 140,000.00 11,800.00 43,200.00 6,800.00 36,400.00 8,600.00 27,800.00 Waxham Feed Balance Sheet 2006 2007 33,000.00 20,000.00 A/P 25,200.00 19,300.00 LTD 40,570.00 55,760.00 Common Stock 98,770.00 95,060.00 RE 213,000.00 270,800.00 311,770.00 365,860.00 Tot Lia. & OE Cash 2007 A/R Inventory Total CA Net Fixed Asst Total Asset 2006 20,500.00 65,500.00 75,000.00 150,770.00 33,700.00 82,000.00 100,000.00 150,160.00 311,770.00 365,860.00 How many days on average does it take Waxham's Feed Mill to sell its inventory? (Use 2007 values)
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