See Table 2 5 showing financial statement data and stock price data for Mydeco Corp a Compare accounts payable days in 2012 and 2016 b Did this change in accounts payable days improve or worsen Mydeco 's cash position in 2016 ...

a 2012 accounts payable days 2016 ...

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. a. Compare accounts

Question:

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp.
a. Compare days in 2012 and 2016.
b. Did this change in days improve or worsen Mydeco's cash position in 2016?
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...