Use the following information to answer this question. Wind…

Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales $ 9,100 Cost of goods sold 7,500 Depreciation 365 Earnings before interest and taxes $ 1,235 Interest paid 95 Taxable income $ 1,140 Taxes 399 Net income $ 741 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 2022 2021 2022 Cash $ 180 $ 210 Accounts payable $ 1,300 $ 1,537 Accounts receivable 1,000 900 Long-term debt 1,060 1,293 Inventory 1,600 1,620 Common stock 3,290 2,940 Total $ 2,780 $ 2,730 Retained earnings 500 750 Net fixed assets 3,370 3,790 Total assets $ 6,150 $ 6,520 Total liabilities and equity $ 6,150 $ 6,520 What is the cash coverage ratio for 2022?

Use the following information to answer this question. Wind…

Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales $ 8,950 Cost of goods sold 7,490 Depreciation 425 Earnings before interest and taxes $ 1,035 Interest paid 94 Taxable income $ 941 Taxes 329 Net income $ 612 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 2022 2021 2022 Cash $ 170 $ 200 Accounts payable $ 1,150 $ 1,285 Accounts receivable 880 780 Long-term debt 1,060 1,280 Inventory 1,640 1,595 Common stock 3,260 2,960 Total $ 2,690 $ 2,575 Retained earnings 550 800 Net fixed assets 3,330 3,750 Total assets $ 6,020 $ 6,325 Total liabilities and equity $ 6,020 $ 6,325 What is the days’ sales in receivables for 2022?