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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
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 $9,850 8,090 485 $1,275 118 $1,157 405 $ 752 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 290 $ 320 1,120 1,020 2,000 1,775 Accounts payable Long-term debt Common stock $3,410 $3,115 Retained earnings 3,570 4,110 $6,980 $7,225 Total liab. & equity 2016 2017 $1,630 $1,885 1,180 1,340 3,500 670 3,080 920 $6,980 $7,225 What is the days' sales in receivables for 2017?
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