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This Question: 4 pts 20 of 25 (20 complete) Use the information about Billy's Burgers to answer the following question(s): Billy's Burgers 2010 Figures in

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This Question: 4 pts 20 of 25 (20 complete) Use the information about Billy's Burgers to answer the following question(s): Billy's Burgers 2010 Figures in $ millions Income Statement Net Sales Costs exc. Dep. EBITDA Depreciation 2010 246.0 187.0 59.0 17.2 Balance Sheet Assets Cash Accts. Rec. Inventories Total Current Accete 8.0 21.0 23.0 FRIT 118 52n O A. $21.0 million OB. $25.2 million C. $21.6 million OD. $18.0 million This Question: 4 pts 20 of 25 (20 co EBIT Interest Pretax Income Taxes 41.8 12.0 29.8 10.4 Total Current Assets Net PP&E Total Assets 52.0 145.0 197.0 Net Income 19.4 18.0 Liabilities and Equity Accts. Payable Long - Term Debt Total Liabilities Total Stockholders' 82.0 100.0 A. $21.0 million B. $25.2 million O C. $21.6 million D. $18.0 million This Question: 4 pts 20 of 25 (20 complete) Liabilities and Net Income 19.4 Equity Accts. Payable 18.0 Long-Term Debt 82.0 Total Liabilities 100.0 Total Stockholders Equity 97.0 Total Liabilities and Equity 197.0 Using the percent of sales method, and assuming 20% growth in sales, estimate Billy's Burgers' Accounts Receivable for 2011 A $21.0 million B. $25.2 million OC. $21.6 million D. $18.0 million

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