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Use the following information to answer this question: Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales $ 8,650 Cost of goods sold
Use the following information to answer this question: Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales $ 8,650 Cost of goods sold Depreciation 7,340 410 Earnings before interest and taxes $ 900 Interest paid 88 Taxable income $ 812 Taxes 284 Net income $ 528 Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2020 2021 2020 2021 Cash $ 140 820 $ 170 Accounts payable Long-term debt $ 1,030 $ 1,135 1,265 2,930 Accounts received 720 1,030 Inventory 1,550 1,550 Common stock 3,200 Total $ 2,510 $ 2,440 Retained earnings Net fixed assets 520 770 3,270 3,660 Total assets $ 5,780 $ 6,100 Total liabilities & equity $ 5,780 $ 6,100 What is the days' sales in receivables for 2021? What is the days' sales in receivables for 2021? Multiple Choice 43.08 days 30.38 days 32.49 days 29.97 days 56.44 days
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