5 The balance sheet and income statement shown below are Lor Kolb Inc....
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5 The balance sheet and income statement shown below are Lor Kolb Inc. Note that the firm has no amortization charges, it does not leave any assets, none of its debt must be retired during the next 5 years, and the notes payable Balance sheet (2111ons of $). Cash and secara Accounts recevable 2001 $ 2,500 11.500 $20.000 $9.500 2.000 Netes payable Total Current bine Long-tez bonds 31000 52.000 000 Sodo What is the firm's days sales outstanding? Assume a 365-day year for this calculation
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