Question $1$

$2$ pts

At year$-$end $2002,$

Yung.com had notes payable of $$1200,$ accounts payable of $$2400,$ and long$-$term debt of $$4000.$ Corresponding entries for $2003$ are $$1600,$$$2000,$ and $$9000.$ Asset values are below. During $2003,$

Yung.com had sales of $$6000,$ cost of goods sold of $$400,$ depreciation of $$100,$ and interest paid of $$150.$ The $($average$)$ tax rate is $21\%,$ and all taxes are paid currently.

$\backslash$table$[[$Current Asset,$2002,2003,,,],[$Cash$,$$$300,$$$600,,,],[$Marketable securities$,400,300,,,],[$Accounts receivable,$900,800,,,],[$Inventory$,1800,2000,,,],[$Fixed Assets,,,,,$],[$Net Fixed Asset,$$2000,$$$6000,,,],[($Plant&Equipment$),,,,,]]$

In $2003,$ the Days Sales Outstanding is $($Keep the sign and two decimal numbers. Use $365$ days for a year.$)$