Question: Jeryht Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions), Click the icon to view the income


Jeryht Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions), Click the icon to view the income statement) Click the icon to view the balance sheet.) Compute the following for 2020 a. Inventory turnover b. Days' sales in rootivables. All sales are made on account a. The inventory turnover for 2020 is times (Do not round intermediary calculations. Round the final answer to one decimal place.) b. The days' sales in receivables during 2020 is (Do not round intermediary calculations, Round the final answer to one decimal place.) Balance She December 31, 2020 2020 2019 2020 2019 Cash 5 42 $ 1.6 Total current liabilities $ 90s 74 8.7 Short-term Investments 88 17.8 16.1 Accounts receivable Inventory Other current assets 12 1.9 Long-term liabilities 13 1.1 Total liabilities 10.G 92 22 18 Common shares 19.5 156 Retained earnings 258 21.6 Total equity $ 453 S 372 Total abilities and equity 52 4.8 163 Total current assets 223 All other assets 21.1 275 $ 453 Total assets 372 ppd lig es Income Statement - X are Jeryht Computer Corp. Income Statement For the Year Ended December 31, 2020 tir de 20 Net sales $ 0 69.5 Cost of goods sold 43.2 Interest expense 0.5 All other expenses 16.4 $ Net Income 9.4 Print Done er
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