16 Part 5 of 7 Required information [The following information applies to the questions displayed below.] 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 Multiple Choice 2020 24.3 $ 160,835 141,829 (91,432) (35,831) $ 236,307 209,670 12,645 3,971 462,593 17,735 27,184 44,919 ase refer to the financial data for Link, Incorporation above. What is Link's 's' sales in cash for 2021? 2021 $ 274,219 209,628 (257,981) (12,538) $ 164,952 22,638 21,655 40,556 249,801 13,962 76,596 90,558
16 Part 5 of 7 Required information [The following information applies to the questions displayed below.] 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 Multiple Choice 2020 24.3 $ 160,835 141,829 (91,432) (35,831) $ 236,307 209,670 12,645 3,971 462,593 17,735 27,184 44,919 ase refer to the financial data for Link, Incorporation above. What is Link's 's' sales in cash for 2021? 2021 $ 274,219 209,628 (257,981) (12,538) $ 164,952 22,638 21,655 40,556 249,801 13,962 76,596 90,558
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 59BE
Related questions
Question
Please refer to the financial data for Link, Incorporation above. What is Link’s days’ sales in cash for 2021?
![16
Part 5 of 7
Required information
[The following information applies to the questions displayed
below.]
Income statement and related items
Sales
Cost of goods sold
Net income
Cash flow from operations
Balance sheet items
Cash
Link, Incorporation
Selected financial data ($ thousands)
2020
2021
$ 160,835 $ 274,219
141,829 209,628
(91,432) (257,981)
(35,831)
(12,538)
Marketable securities
Accounts receivable
Inventory
Total current assets
Accounts payable
Accrued liabilities
Total current liabilities
Multiple Choice
O
о
ase refer to the financial data for Link, Incorporation above. What is Link's
's' sales in cash for 2021?
O
24.3
28.8
219.6
249.7
$ 236,307
209,670
None of the options are correct.
12,645
3,971
462,593
17,735
27,184
44,919
$ 164,952
22,638
21,655
40,556
249,801
13,962
76,596
90,558](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd057c218-4bf0-4c43-8000-b0a150155278%2Fa8766748-b742-4e36-a9a6-b3f760339a90%2Fgnq7unv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:16
Part 5 of 7
Required information
[The following information applies to the questions displayed
below.]
Income statement and related items
Sales
Cost of goods sold
Net income
Cash flow from operations
Balance sheet items
Cash
Link, Incorporation
Selected financial data ($ thousands)
2020
2021
$ 160,835 $ 274,219
141,829 209,628
(91,432) (257,981)
(35,831)
(12,538)
Marketable securities
Accounts receivable
Inventory
Total current assets
Accounts payable
Accrued liabilities
Total current liabilities
Multiple Choice
O
о
ase refer to the financial data for Link, Incorporation above. What is Link's
's' sales in cash for 2021?
O
24.3
28.8
219.6
249.7
$ 236,307
209,670
None of the options are correct.
12,645
3,971
462,593
17,735
27,184
44,919
$ 164,952
22,638
21,655
40,556
249,801
13,962
76,596
90,558
Expert Solution
Step 1
Ratio analysis is quantitive method of getting inside review of an organisation. This make us able to provide compression between financial statements of two organisations or with past years results.
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