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  1. business
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  3. blanco, inc. has the following income statement (i

Blanco, Inc. has the following income statement (in millions): BLANCO, INC. Income Statement...

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Accounting

Blanco, Inc. has the following income statement (in millions):

BLANCO, INC.

Income Statement

For the Year Ended December 31, 2010

current assets $200

non-current assets 520

total assets 720

Using vertical analysis, what percentage is assigned to current assets?

Select one:

a. 120%

b. 28%

c. 100%

d. 72%

lower EPS is more favourable by investors

Select one: True False

if the receivables balance at 1/1/2019 is $80,000 and at 31/12/2019 is $70,000. if credit sales is $1,200,000. the average receivable turnover is

a. 15 times

b. 17.14 times

c. 16 times

d. 58.4 times

Please please, I don't have enough time, help me

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