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Use the following information for the next six questions Windswept, Inc. 2008 Income Statement ( $ in millions) 1. What is the accounts receivable period

image text in transcribed Use the following information for the next six questions Windswept, Inc. 2008 Income Statement ( $ in millions) 1. What is the accounts receivable period in 2008 ? 2. What is the operating cycle in 2008 ? 3. What is the cash cycle in 2008 ? 4. How has equity multiplier changed? What does it imply? 5. Windswept has 90 million shares. Its price earnings ratio for 2008 is 12 . What is the market price per share? 6. How has quick ratio changed? What does it imply

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