Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales$8,750 Cost of goods sold 7,390 Depreciation 415 Earnings before interest and taxes$945 Interest paid 90 Taxable income$855 Taxes 299 Net income$556 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash$150 $180 Accounts payable$1,070 $1,185 Accounts rec. 840 740 Long-term debt 1,040 1,270 Inventory 1,580 1,565 Common stock 3,220 2,940 Total$2,570 $2,485 Retained earnings 530 780 Net fixed assets 3,290 3,690 Total assets$5,860 $6,175 Total liab. & equity$5,860 $6,175 What is the days' sales in receivables for 2017? Multiple Choice 32.95 days 30.87 days 43.74 days 30.45 days 58.53 days

Which of the following is the most direct cause of cost-push inflation? a. rising production costs. b. reductions in wages. c. greater scarcity of natural resources. d. increasing supply of goods and services. 2b2t

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.

Rats that received electric shocks were unlikely to develop ulcers if the