Question: 10 points Save Answer On its most recent financial statements, Gevelyn Inc. reported net sales of $571,000, accounts receivable of $75,000, inventories of $66,000,

10 points Save Answer On its most recent financial statements, Gevelyn Inc. reported net sales of $571,000, accounts receivable of $75,000, inventories of $66,000,

10 points Save Answer On its most recent financial statements, Gevelyn Inc. reported net sales of $571,000, accounts receivable of $75,000, inventories of $66,000, and accounts payable of $58,000. Gevelyn's COGS are 80% of its net sales. What is Gevelyn's days of sales in inventory? Round to two decimal places (Ex. 0.00). Question 7 10 points What is the cost of an unsecured bank loan of $400,000 with a 13% compensating balance and interest rate of 6% per year, borrowed for 180 days? The loan requires discounted interest. Assume a 360 day year. Submit your answer as a percentage and round to two decimal places (Ex. 0.00%). Question 6 Sa

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