You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent....

 

Transcribed Image Text:

You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent. Cash Net fixed assets Accrued expenses Inventory Long-term debt Sales Costs Accounts payable Depreciation Interest paid Accounts receivable Dividends paid $ 124 2,498 135 1,027 1,876 3,850 2,220 486 321 136 518 281 What is the days' sales in receivables? You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent. Cash Net fixed assets Accrued expenses Inventory Long-term debt Sales Costs Accounts payable Depreciation Interest paid Accounts receivable Dividends paid $ 124 2,498 135 1,027 1,876 3,850 2,220 486 321 136 518 281 What is the days' sales in receivables?

Answer rating: 100% (QA)

To calculate the days sales in receivables we need to determine the average accounts receivable and ... View the full answer