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Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest
Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets $ 8,650 7,340 410 $ 900 88 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 $ 140 $ 170 820 1,550 720 1,550 $ 2,510 $ 2,440 3,270 3,660 $ 5,780 $ 6,100 What is the days' sales in receivables for 2022? 2022 $ 812 284 $ 528 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 $ 1,030 1,030 3,200 520 $ 5,780 2022 $ 1,135 1,265 2,930 770 $ 6,100
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