Use the following information regarding Metlock, Inc. and Blossom Company to answer the question "Which amount is equal to Metlock, Inc's "days in inventory" for 2022 (to the closest decimal place)?" (Use 365 days for calculation.) Year Inventory Turnover Metlock, Inc. 2020 2021 6.8 2022 6.6 Blossom Company 2020 2021 5.5 2022 5.8 O 62.9 days O 53.7 days O 66.4 days O 55.3 days
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- You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in $ millions): Statement of financial position 2021 2020 2019 Accounts receivable $1,217 $1,372 $1,248 Inventory 2,294 2,221 1,681 Total current assets 3,948 4,069 3,134 Total assets 13,123 13,793 9,886 Current liabilities 2,146 2,494 1,932 Total liabilities 6,679 7,234 4,465 Statement of income Sales $14,294 $14,944 $13,502 Cost of goods sold 9,575 10,181 9,179 Interest expense 79 96 67 Income tax expense 218 217 230 Net income 626 583 755calculate the future sum (F) IF G = $ 1500 , n =5 year and i= 8% (a) 16249 (b) 16652 (c) 16526*see attached What is the interest income for the current year? a. 1,297,905b. 1,357,905c. 900,000d. 870,168