The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports

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The Income Statement Of Pratt Inc Reports Net Sales Of 3 749 9 Million For The Current Year The Balance Sheet Reports 1 (14.29 KiB) Viewed 11 times

The Income Statement Of Pratt Inc Reports Net Sales Of 3 749 9 Million For The Current Year The Balance Sheet Reports 2 (39.89 KiB) Viewed 11 times

The Income Statement Of Pratt Inc Reports Net Sales Of 3 749 9 Million For The Current Year The Balance Sheet Reports 3 (15.33 KiB) Viewed 11 times

The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports accounts receivable, net of $413.6 million at December 31 of the current year and $442.2 million at December 31 of the previous year. The days sales outstanding in the current year are: Select one: O O O a. None of these are correct. b. 42 days c. 9 days d. 40 days e. 8 days:

Falls Financial Corp. 2020 annual report discloses the following lease payments: Fiscal year Select one: O O O O O Capital Operating leases leases 2021 $13,200 $2,328,000 2022 10,800 2023 8,400 2024 2025 Net minimum lease payments Less amount representing interest 5,800 Present value of lease obligations $26,600 667,200 488,400 94,800 37,200 $32,400 $3,615,600 What is the approximate implicit rate of return on the capital leases? a. 10.2% b. 17.9% c. 11.5% d. 8.8% e. 9.1% 0 0

Micro Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The current year's income statement reported income tax expense of $2,953 million. What did Micro report as income before income tax expense that year? Select one: O a. $27,054 million O b. $8,437 million. c. $19,687 million Od. $1,034 million. e. None of these are correct