Use the Table for the Question(s)below

question 28

Essay

Use the table for the question(s)below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2019.A simplified balance sheet for the firm appears below:
Luther Industries
Balance Sheet
As of December 31,2019
(millions of dollars)
-Calculate the number of days in Luther's Operating Cycle.

---

Definitions:

Back-Up Plan

A predetermined alternative course of action or strategy to be used if the primary plan fails or becomes unviable.

Professional Demeanor

Professional Demeanor refers to the conduct or behavior that is considered appropriate and respectable in a workplace or professional setting.

Increased Confidence

A heightened sense of self-assurance and belief in one's ability to achieve success.

Program Details

Specific information or descriptions about the features, structure, or content of a particular program or initiative.