Large Company $ $ $ Net sales 379,420 Cost of sales 163,100 Gross profit Selling, general, and administrative 216,320 146,610 expenses $ $ $ Operating income 69,720 Net income 41,610 Cash and cash equivalents 50,480 Net receivables 17,400 $ $ $ $ Inventories 223,430 315,160 Total current assets Property and equipment 81,880 66,040 Other assets Total assets 463,090 Accounts payable Stockholder equity 29,540 261,130 $ What is the value of C2C in weeks? (Choose the closest) O 31.47 -12.81 -5.82 0 64.20 %24

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Large Company
$
$
$
Net sales
379,420
Cost of sales
163,100
216,320
Gross profit
Selling, general, and administrative
146,610
expenses
Operating income
69,720
41,610
Net income
Cash and cash equivalents
50,480
17,400
Net receivables
Inventories
$
223,430
315,160
81,880
66,040
463,090
Total current assets
Property and equipment
Other assets
Total assets
Accounts payable
Stockholder equity
$
$
29,540
261,130
What is the value of Profit Margin? (Choose the closest)
10.97%
2.1%
0.53%
5.83%
Transcribed Image Text:Large Company $ $ $ Net sales 379,420 Cost of sales 163,100 216,320 Gross profit Selling, general, and administrative 146,610 expenses Operating income 69,720 41,610 Net income Cash and cash equivalents 50,480 17,400 Net receivables Inventories $ 223,430 315,160 81,880 66,040 463,090 Total current assets Property and equipment Other assets Total assets Accounts payable Stockholder equity $ $ 29,540 261,130 What is the value of Profit Margin? (Choose the closest) 10.97% 2.1% 0.53% 5.83%
Large Company
$
Net sales
379,420
163,100
216,320
Cost of sales
Gross profit
Selling, general, and administrative
$
146,610
expenses
Operating income
$
69,720
Net income
41,610
50,480
Cash and cash equivalents
Net receivables
17,400
Inventories
223,430
315,160
Total current assets
Property and equipment
81,880
Other assets
66,040
Total assets
463,090
29,540
Accounts payable
Stockholder equity
261,130
What is the value of C2C in weeks? (Choose the closest)
31.47
-12.81
-5.82
64.20
4.
Transcribed Image Text:Large Company $ Net sales 379,420 163,100 216,320 Cost of sales Gross profit Selling, general, and administrative $ 146,610 expenses Operating income $ 69,720 Net income 41,610 50,480 Cash and cash equivalents Net receivables 17,400 Inventories 223,430 315,160 Total current assets Property and equipment 81,880 Other assets 66,040 Total assets 463,090 29,540 Accounts payable Stockholder equity 261,130 What is the value of C2C in weeks? (Choose the closest) 31.47 -12.81 -5.82 64.20 4.
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