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Average accounts payable cycle. Use the following account information to calculate Rian Company's average accounts payable cycle 2013 and 2014 Selected Balance Sheet Accounts of
Average accounts payable cycle. Use the following account information to calculate Rian Company's average accounts payable cycle 2013 and 2014 Selected Balance Sheet Accounts of Rian Company Accounts receivable Inventory Accounts payable 12/31/14 $38,000 $55,000 $27,000 12/31/13Change $46,000 $59,000 $8,000 $4,000 $25,000$2,000 2014 Selected Income Statement Items for Rian Company Cash sales Credit sales Total sales Cost of goods sold $570,000 What is Rian Company's average accounts payable cycle? $298,000 $672,000 $970,000 days (Round to one decimal place.) Enter your answer in the answer box
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