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?

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing

Section: Chapter Questions

Problem 14E

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