Problem 2 Viper Construction's days sales outstanding is 50 days fona 365 day basis. The company's accounts receivable equal $300 million and its balance sheet shows inventory equal to $125 For a total of 16 points for Problem 23 To determine the Annual Sales. (2 points) Days Sales Outstanding plus Accounts Receivables multiplied by the number of days in a year Days Sales Outstanding divided by Accounts Receivables divided by the number of days in a year Accounts Receivable divided by Days Salts Outstanding multiplied by the number of days in a year Days Sales Outstanding divided by Accounts Receivable multiplied by the number of days in a year Accounts Receivable minus Days Sales Outstanding divided by the number of days in a year What is the average number of days that the receivables of Viper Construction remain outstanding before they are collected? (2 points) O 73 days 50 days 365 days 72 days O 360 days How would you evaluate Viper Corporations Inventory turnover ratio? (3 points) The firm completes the cycle of lievesting in inventory and sells it at Php 4 per unit. The firm completes the cycle of investing in inventory and sellist at Php 6 per unit The firm completes the cycle of investing in inventory and selling it five times in the O year The firm completes the cycle of investing in inventory and sells it in 5 days The firm completes the cycle of investing in inventory and selling it six times in the o O year To determine the Inventory turnover. (2 points) Inventory divide by Annual Sales Annual Sales divided by Accounts Receivable Annual Sales multiplied by Days Sales Outstanding trventory multiplied by Annual Sales Annual Sales divided by Inventory To determine the days sales outstanding. (2 points) Accounts Receivable plus by Annual Sales multiplied by the number of days in a year Annual Sales minus Accounts Receivable divided by the number of days in a year Annual Sales divided by Accounts Receivable divided by the number of days in a year Annual Sales divided by Accounts Receivable multiplied by the number of days in a year Accounts Receivable divided by Annual Sales multiplied by the number of days in a year How much is the Annual Sales? (2 points) Php 100,000,000 Php 182,500,000 Php 136,986,301 Php 400,000,000 Php 730,000,000 What is the Viper Corporation's inventory turnover ratio? (3 points) approximately 5 days approximately Php 4 approximately Php 6 approximately 6 times in a year approximately 5 times in a year