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6. Company W had a cost of goods sold of $44,221. At the end of the year, the accounts payable balance was $8,243. How long

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6. Company W had a cost of goods sold of $44,221. At the end of the year, the accounts payable balance was $8,243. How long on average did it take the company to pay off its suppliers during the year? Hint: Need to use one of our tumover ratios first and then use it to get the number of days. 7. The market value of the equity of Company J is $600,000. The balance sheet shows $39,000 in cash and $210,000 in debt, while the income statement has EBIT of S111,000 and a total of $155,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company

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