Youtube Maps E Reading According to these statements, ALPHA's average collection period (average days in Inventory) (using a 365 day year) was ALPHA MANUFACTURING COMPANY Balance Shest Cash and Marketable Securities $225,000 Accounts Receivable 890.000 Inventories (ower of cost or market 930,000 Prepad Expenses 10.150 Accurate Tax Prepayments Current Assets 2,067,150 Food Assets at Cont 2,500,000 Acond Docton 200.000 Not Food Asset 1.800.000 Invas LongTom 35.000 Goodwi TOA $4,000.150 Bank Loans and Notes Pavle APVT TDOO 30.00 AL mo Common Stock. $1 par value Additional Pald-In Capital Retained Earrings Total Net Worth Total Lab inities and Net Worth 1,200,000 700,000 174,150 1.100.000 1,974,150 $4.002.150 ALPHA MANLEACTURING COMPANY lacome statement Net Saks $5.200.000 loss: Cost of Goods Sold 4.520.000 Gross Proft 524.000 Song, General and Administrative Expense 750.000 Depreciation 95.000 Interest Expo 200 Earnings Before Tux 1296.000 Income Tax Emos Ao Tax 200.000 hvidund 0 Inchen Roted Ems 15290.000 750,000 95,000 75,000 (296,000) Selling, General and Administrative Expense Depreciation Interest Expense Earnings Before Taxes Income Taxes Earnings After Tax Cash Dividends Increase (decrease) in Retained Earnings a (296.000) 0 ($296.000) 45 days 74 days 95 days O 17 days