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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?

Financial ratios are traditionally grouped in all but which of the following categories?

You want to have $16,500 in 9 years for a dream vacation. If you can earn an interest rate of .9 percent per month, how much will you have to deposit today?

The accounting equation states that [BLANK-1] are equal to [BLANK-2] plus [BLANK-3].

The accrual principle states that revenue should be recognized only when cash is received.

Suppose the diets were in increasing order of cost (diet 1 is the CHEAPEST and diet 4 is the most expensive).  Which diet would you choose if you goal is to reduce coagulation time at a cost effective rate.

The data for this problem are courtesy of David Jarjoura of OSU. Consider an experiment in which 24 animals are randomly assigned to 4 different diets. At the conclusion of the study, the coagulation time (in seconds) for blood drawn from the animals was recorded. The results of the oneway ANOVA are shown below to compare the mean coagulation time by diet.  

5 randomly selected patients are sent to a clinic for two appointments.  The patients meet their clinician prior to the procedure and are then asked a series of questions to measure their anxiety level on a scale from 0-10.  Unbeknownst to them, there are 2 clinicians (one for each appointment with the order randomize).  A signed rank test is to be run to determine if their is a difference in the anxiety level across the clinicians.  Find the test statistic.  There are 2 acceptable answers. Note: there is clearly not sufficient power with only 5 patients but I wanted the calculations to be simple. Clinician 1 Anxiety Clinician 2 Anxiety 10 8 3 4 5 9 8 5 2 1  

The p-value report by the software was 0.1615. What is the best conclusion?

There [is1] a significant difference in the mean temperatures among the nine medications. There [is2] a significant difference in the mean temperatures among the three severities. Use alpha = 0.05 for all conclusions.