Link, Incorporation Selected financial data ($ thousands) Income statement and related items Sales Cost of goods sold Net income Cash flow from operations Balance sheet items Cash Marketable securities Accounts receivable Inventory Total current assets Accounts payable Accrued liabilities Total current liabilities 2020 $ 160,835 141,829 (91,432) (35,831) $ 236,307 209,670 12,645 2021 $ 274,219 209,628 (257,981) (12,538) $ 164,952 22,638 21,655 3,971 40,556 462,593 249,801 17,735 13,962 27,184 76,596 44,919 90,558 Please refer to the financial data for Link, Incorporation above. What is Link's days' sales in cash for 2021?
Link, Incorporation Selected financial data ($ thousands) Income statement and related items Sales Cost of goods sold Net income Cash flow from operations Balance sheet items Cash Marketable securities Accounts receivable Inventory Total current assets Accounts payable Accrued liabilities Total current liabilities 2020 $ 160,835 141,829 (91,432) (35,831) $ 236,307 209,670 12,645 2021 $ 274,219 209,628 (257,981) (12,538) $ 164,952 22,638 21,655 3,971 40,556 462,593 249,801 17,735 13,962 27,184 76,596 44,919 90,558 Please refer to the financial data for Link, Incorporation above. What is Link's days' sales in cash for 2021?
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter3: Taxes On The Financial Statements
Section: Chapter Questions
Problem 1BD
Related questions
Question
Transcribed Image Text:Link, Incorporation
Selected financial data ($ thousands)
Income statement and related items
Sales
Cost of goods sold
Net income
Cash flow from operations
Balance sheet items
Cash
Marketable securities
Accounts receivable
Inventory
Total current assets
Accounts payable
Accrued liabilities
Total current liabilities
2020
$ 160,835
141,829
(91,432)
(35,831)
$ 236,307
209,670
12,645
2021
$ 274,219
209,628
(257,981)
(12,538)
$ 164,952
22,638
21,655
3,971
40,556
462,593
249,801
17,735
13,962
27,184
76,596
44,919
90,558
Please refer to the financial data for Link, Incorporation above. What is Link's days' sales in cash for 2021?
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