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Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales $ 9,710 Cost of goods sold 7,990 Depreciation
Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales $ 9,710 Cost of goods sold 7,990 Depreciation 475 Earnings before interest and taxes $ 1,245 Interest paid 114 Taxable income $ 1,131 Taxes 396 Net income $ 735 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 2022 2021 2022 Cash $ 270 $ 300 Accounts payable $ 1,550 $ 1,785 Accounts receivable 1,080 980 Long-term debt 1,160 1,330 Inventory 1,940 1,745 Common stock 3,460 3,060 Total $ 3,290 $ 3,025 Retained earnings 650 900 Net fixed assets 3,530 4,050 Total assets $ 6,820 $ 7,075 Total liabilities & equity $ 6,820 $ 7,075 What is the days' sales in receivables for 2022? Multiple Choice 81.54 days 36.33 days 50.56 days 38.72 days 36.84 days
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