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Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $8,650 7,340 410 $ 900 88 $ 284 812 $ 528 2017 Cash Accounts rec. Inventory Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 140 $ 170 Accounts payable 820 720 Long-term debt 1,550 1,550 Common stock $2,510 $2,440 Retained earnings 3,270 3,660 $5,780 $6,100 Total liab. & equity 2016 $1,030 $1,135 1,030 1,265 3,200 2,930 520 770 Total Net fixed assets Total assets $5,780 $6, 100 What is the days' sales in receivables for 2017? Multiple Choice 43.08 days 30.38 days 32.49 days 29.97 days 56.44 days
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