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On Eastern Printing Machines Co.'s income statement of 20x1, the cost of goods sold and the credit sales are $200 millio
Posted: Mon Jan 17, 2022 8:09 am
by answerhappygod
- On Eastern Printing Machines Co S Income Statement Of 20x1 The Cost Of Goods Sold And The Credit Sales Are 200 Millio 1 (22.34 KiB) Viewed 37 times
On Eastern Printing Machines Co.'s income
statement of 20x1, the cost of goods sold and the credit sales are $200 million and $240 million, respectively. The following data are from its balance sheets. ($millions) Dec.31 20X1+ Dec.31 20X2 Iventory $402 Account Receivable- $30- Account Payable- $10. (a) How many days in Eastern Printing Machines operating cycle? (b) How many days in Eastern Printing Machines' cash cycle? $60- $50- $30- +