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The balance sheet and income statement of a firm are shown below. Note that the firm has no amortization charges, it does not lease any
The balance sheet and income statement of a firm are shown below. Note that the firm has no amortization
charges, it does not lease any assets, and none of its debt must be retired during the next years numbers are
in millions
BALANCE SHEET
Cash
Accts. receivable
Inventories
Total current assets
Net plant & equip.
Total assets
INCOME STATEMENT
OTHER DATA
Shares outstanding millions
Common dividends
Interest rate on and longterm bonds
Federal plus state income tax rate
Yearend stock price
What is the firm's days sales outstanding?
days
days
days
days
Accounts payable
Notes payable
Accruals
Total current liabilities
Longterm bonds
Total debt
Common stock shares
Retained earnings
Total common equity
Total liabilities & equity
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