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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 2021 $ 9,920 8,140 490 $ 1,290 120 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2022 $ 300 $ 330 1,140 1,040 2,030 1,790 $ 3,470 $ 3,160 3,590 4,140 $ 7,060 $ 7,300 What is the days' sales in receivables for 2022? $ 1,170 410 $ 760 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 $ 1,670 1,190 3,520 680 $ 7,060 2022 $ 1,935 1,345 3,090 930 $ 7,300
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