Question: ollowing table contains selected information for Daktronics Inc. 5 points Selected Income Statement Figures Selected Balance Sheet Figures Amts in USD 2018 Cash Sales 2018

ollowing table contains selected information for Daktronics Inc. 5 points Selected

ollowing table contains selected information for Daktronics Inc. 5 points Selected Income Statement Figures Selected Balance Sheet Figures Amts in USD 2018 Cash Sales 2018 3,000,000 2017 Accounts Receivable Credit Sales 600,000 500,000 10,000,000 Inventory(Stock) Total Sales 12.500,000 225,000 13,000,000 Accounts Payable Cost of Goods Sold 140,000 100,000 6,000,000 what is the average inventory turnover for Daktronics Inc? b. What is the average payable days for the firm? c. What is the average receivables collection days? d. What changes have taken place in Daktronics Inc working capital requirement, year-on-year? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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