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A company that reports Accounts Payable of $59,900 and Cost of Goods Sold of $614,600, calculated days payable outstanding of: What is the correct answer?

A company that reports Accounts Payable of $59,900 and Cost of Goods Sold of $614,600, calculated days payable outstanding of:

What is the correct answer?

Multiple Choice

  • 35.6 days.

  • 25.9 days.

  • 38.0 days.

  • 10.3 days.

  • 43.3 days.

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