Question 34 Recent financial data for Kirk Corporation are provided below Income Statement...
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Question 34 Recent financial data for Kirk Corporation are provided below Income Statement Revenues Net patient service revenue $806,650 Operating Expenses Medical services Support services General services Depreciation $510,000 119,000 93,700 72,300 (795,000) 11,650 Operating Income Other Income and Expenses Interest income Interest expense 36,000 36,000 Net Income $11,650 Balance Sheet (partial) Cash Net receivables Inventory Other current assets $268,000 169,000 135,000 65,000 $637,000 Total current assets Accounts payable Interest payable Other current liabilities $203,000 18,000 19,000 $240,000 Total current liabilities The company reports that 80% of its revenues were on credit. What is Days in Receivables? (Round final answer to 2 decimal places, e.g., 1.23.) 95.59 76.47 456.25 1,768.00
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