Blaine Computer has the following income statement and balance sheet. Sales Cost of goods sold Selling,...
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Blaine Computer has the following income statement and balance sheet. Sales Cost of goods sold Selling, general & admin expenses Depreciation Interest expense Taxes (30%) Net income Cash Receivables Inventory Net fixed assets Total Assets Accounts payable Other current liabilities Notes payable Long-term debt Total Equity Total Liabilities & Equity What is Blaine's days sales outstanding? Assume 365 days in a year. 1,300,000 800,000 165,000 61,000 16,000 77,400 180,600 110,000 180,000 170,000 460,000 920,000 46,000 55,000 82,000 122,000 615,000 920,000 Blaine Computer has the following income statement and balance sheet. Sales Cost of goods sold Selling, general & admin expenses Depreciation Interest expense Taxes (30%) Net income Cash Receivables Inventory Net fixed assets Total Assets Accounts payable Other current liabilities Notes payable Long-term debt Total Equity Total Liabilities & Equity What is Blaine's days sales outstanding? Assume 365 days in a year. 1,300,000 800,000 165,000 61,000 16,000 77,400 180,600 110,000 180,000 170,000 460,000 920,000 46,000 55,000 82,000 122,000 615,000 920,000
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Calculate the days sales outstandingDSO DSO Accounts receivable Average da... View the full answer
Related Book For
Financial Accounting
ISBN: 9780078110825
2nd Edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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