Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales$8,750 Cost of goods sold 7,390 Depreciation 415 Earnings before interest and taxes$945 Interest paid 90 Taxable income$855 Taxes 299 Net income$556 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash$150 $180 Accounts payable$1,070 $1,185 Accounts rec. 840 740 Long-term debt 1,040 1,270 Inventory 1,580 1,565 Common stock 3,220 2,940 Total$2,570 $2,485 Retained earnings 530 780 Net fixed assets 3,290 3,690 Total assets$5,860 $6,175 Total liab. & equity$5,860 $6,175 What is the days' sales in receivables for 2017? Multiple Choice 32.95 days 30.87 days 43.74 days 30.45 days 58.53 days

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

Select the correct answer. the word intestate means that a person has died with or without a will?

Why should managers invest any excess cash