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5.00 points Problem 8-3 s. Pumpkins has an average inventory of $630,000, with an annual tunover rate of eight times. The average accounts receivable balance

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5.00 points Problem 8-3 s. Pumpkins has an average inventory of $630,000, with an annual tunover rate of eight times. The average accounts receivable balance is $520,250, and customers pay on average in 30 days. S. Pumpkins pays accounts in 45 days a. Calculate S. Pumpkins' average accounts payable balance. (Use 365 days in a year. Round the final answer to the nearest whole dollar.) Average accounts payables b. Calculate its annual sales. (Use 365 days in a year. Round the final answer to the nearest whole dollar.) Annual sale References Problem 33 Worksheet Type here to search

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