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Average accounts payable cycle. Use the following account information for Rian Company. Click on the icon 2013 and 2014 Selected Balance Sheet Accounts of Rian
Average accounts payable cycle. Use the following account information for Rian Company. Click on the icon 2013 and 2014 Selected Balance Sheet Accounts of Rian Company Click on the icon 2014 Selected Income Statement Items for Rian Company Rian Company had set a target of 17.6 days for its payment (accounts payable) cycle. What would the ending balance in the accounts payable account for 2014 have needed to be to reach this target (holding all other accounts the same)? What would the ending balance in the accounts payable account for 2014 have needed to be to reach this target (holding all other accounts the same)? $ (Round to the nearest dollar.)
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