What is Krakozhia Corp.'s Days Sales Outstanding ratio? (round to the nearest integer) Financial Statements for...
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What is Krakozhia Corp.'s Days Sales Outstanding ratio? (round to the nearest integer) Financial Statements for 2020 Balance Sheet Assets Cash Accounts Receivable, Net Inventory Prepaid Rent Equipment, Net Land Total Assets Liabilities and Equity Accounts Payable Wages Payable Income Tax Payable Long-Term Debt Contributed Capital Retained Earnings Total Liabilities and Equity O 43 days 53 days 63 days 73 days $ sssss $ $ $ $ $ $ $ ss $ $ $ $ $ $ 2020 61,000 $ 27,000 $ 22,000 $ 30,000 $ 72,000 $ 30,000 $ 242,000 2019 48,000 23,000 32,000 20,000 80,000 40,000 $243,000 2020 23,000 $ 14,000 $ 5,000 $ 38,000 $ 2019 24,000 17,000 8,000 38,000 120,000 120,000 $ 42,000 $ 36,000 242,000 $ 243,000 Income Statement Sales Revenue Cost of Goods Sold Wages Expense Rent Expense Bad Debt Expense R&D Expense Depreciation Expense Interest Expense Gain on Sale of Land Income Tax Expense Net Income $ 210,000 $ (125,000) $ (20,000) (10,000) (2,000) (18,000) (8,000) $ $ $ $ $ $ $ $ (4,000) 3,000 (6,000) 20,000 What is Krakozhia Corp.'s Days Sales Outstanding ratio? (round to the nearest integer) Financial Statements for 2020 Balance Sheet Assets Cash Accounts Receivable, Net Inventory Prepaid Rent Equipment, Net Land Total Assets Liabilities and Equity Accounts Payable Wages Payable Income Tax Payable Long-Term Debt Contributed Capital Retained Earnings Total Liabilities and Equity O 43 days 53 days 63 days 73 days $ sssss $ $ $ $ $ $ $ ss $ $ $ $ $ $ 2020 61,000 $ 27,000 $ 22,000 $ 30,000 $ 72,000 $ 30,000 $ 242,000 2019 48,000 23,000 32,000 20,000 80,000 40,000 $243,000 2020 23,000 $ 14,000 $ 5,000 $ 38,000 $ 2019 24,000 17,000 8,000 38,000 120,000 120,000 $ 42,000 $ 36,000 242,000 $ 243,000 Income Statement Sales Revenue Cost of Goods Sold Wages Expense Rent Expense Bad Debt Expense R&D Expense Depreciation Expense Interest Expense Gain on Sale of Land Income Tax Expense Net Income $ 210,000 $ (125,000) $ (20,000) (10,000) (2,000) (18,000) (8,000) $ $ $ $ $ $ $ $ (4,000) 3,000 (6,000) 20,000
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Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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