Question: The questions are A , B , C and D below the table. please answer in less than 1 hour and half please. QUESTION 21

The questions are A , B , C and D below the table. please answer in less than 1 hour and half please.

QUESTION 21 Answer the following questions, using Daktronics Inc. selected financial Information provided in the table below: Selected Income Statement Figures Selected, Balance Sheet Figures Amts in USD 20x8 20x8 20X7 Cash Sales 2,000,000 Accounts Receivable 500,000 400,000 Credit Sales 12,000,000 Inventory (Stock) 240,000 210,000 Total Sales 14,000,000 Accounts Payable 160,000 120,000 Cost of Goods Sold 8,000,000 (a) 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). BT U- Dararanh

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