subject
Business, 01.07.2020 15:01 tinyturtles

Use the following information. Windswept, Inc.
2010 Income Statement
($ in millions)
Net sales $9,570
Cost of goods sold 7,890
Depreciation 465 Earnings before interest and taxes $1,215
Interest paid 110
Taxable Income $1,105
Taxes 387
Net income $718
Windswept, Inc.
2009 and 2010 Balance Sheets
($ in millions)
2009 2010 2009 2010
Cash $250 $280 Accounts payable $1,470 $1,685
Accounts rec. 1,040 940 Long-term debt 1,140 1,320
Inventory 1,880 1,715 Common stock $3,420 $3,040
Total $3,170 $2,935 Retained earnings 630 880
Net fixed assets 3,490 3,990
Total assets $6,660 $6,925 Total liab. equity $6,660 $6,925
What is the days' sales in receivables for 2017?
a. 62.62 days
b. 31.81 days
c. 31.37 days
d. 45.01 day's
e. 33.85 days

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
The hawthorne works was a large western electric factory with 45,000 employees. during the 1920s and 1930s, hawthorne works was the site of some well-known industrial studies. in one of the studies, researchers investigated the impact of different working conditions on worker productivity. prior to the start of the study, researchers secretly measured workers' productivity for several weeks. then researchers chose two workers, who then chose their own teams. the teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). for each of these changes in working conditions, the researchers measured the effect on productivity. for some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity.why did the researchers secretly measure the workers' productivity before creating the two treatment groups? a, to create similar treatment groups so that a cause-and-effect relationship could be establishedb, to draw conclusions about the productivity of all workers in the plant based on the test groupsc, to directly control for confounding variablesd, to provide a baseline for measuring worker productivity
Answers: 3
question
Business, 22.06.2019 07:30
Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions
Answers: 3
question
Business, 22.06.2019 11:00
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
question
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
You know the right answer?
Use the following information. Windswept, Inc.
2010 Income Statement
($ in millions)...
Questions
question
English, 24.10.2020 21:00
question
Mathematics, 24.10.2020 21:00
question
Mathematics, 24.10.2020 21:00
question
Mathematics, 24.10.2020 21:00
question
Mathematics, 24.10.2020 21:00
question
Computers and Technology, 24.10.2020 21:00
question
Mathematics, 24.10.2020 21:00
Questions on the website: 13722363