= Cost of goods sold 2,670 Average accounts payable 15 890 Accounts payable turnover 3.00 Now, select the formula and then enter the amounts to calculate days payables outstanding (DPO). (Enter any ratios used to calculate the one decimal place, XX) Days in year = Days' payables outstanding (DPO) L a 365 Choose from any list or enter any number in the input fields and then click Check Answer 2 remaining Clear All 2 parts 1 Type here to search Question S12-7 (similar to) The Farmer 2018 income statement and balance sheet follows III (Click the icon to view the assets section of the balance sheet) m Click the icon to view the abilities and stockholders' equity sections of the balance sheet (Click the icon to view the income statement) XXX and use a so-cay year Round your araw Read the ents NOW, SORCI DO Boma and then enter the amount to Canays pays sanang U sumer any ratos one decimal place, XX) Days in year Accounts payable turnover Days payable outstanding (DPO) 300 1217 n d. Use the Farmer 2018 Income decimal place, XX Use parentheses t and the balance sheet to compute the length of cash conversion cycle in days for 2018. (Enter any ratios used to calculate the cash conversion cyde and your final answer to one a sign for a negative cash conversion cycle. OPO Cashconversion cyde OSO Do these measures look strong or weak? Give the reason for your answer Since they are both However, days payables outstanding (DPO) is quite even though the company is collecting cash par Inventory tumover and days' sales outstanding (OSO) look creditors Companies that continue to do this could face Click to select your answers and then dick Check Answer CHCE AS All parts showing 135 PM 120 Type here to search prt SC bre ml $ % = Cost of goods sold 2,670 Average accounts payable 15 890 Accounts payable turnover 3.00 Now, select the formula and then enter the amounts to calculate days payables outstanding (DPO). (Enter any ratios used to calculate the one decimal place, XX) Days in year = Days' payables outstanding (DPO) L a 365 Choose from any list or enter any number in the input fields and then click Check Answer 2 remaining Clear All 2 parts 1 Type here to search Question S12-7 (similar to) The Farmer 2018 income statement and balance sheet follows III (Click the icon to view the assets section of the balance sheet) m Click the icon to view the abilities and stockholders' equity sections of the balance sheet (Click the icon to view the income statement) XXX and use a so-cay year Round your araw Read the ents NOW, SORCI DO Boma and then enter the amount to Canays pays sanang U sumer any ratos one decimal place, XX) Days in year Accounts payable turnover Days payable outstanding (DPO) 300 1217 n d. Use the Farmer 2018 Income decimal place, XX Use parentheses t and the balance sheet to compute the length of cash conversion cycle in days for 2018. (Enter any ratios used to calculate the cash conversion cyde and your final answer to one a sign for a negative cash conversion cycle. OPO Cashconversion cyde OSO Do these measures look strong or weak? Give the reason for your answer Since they are both However, days payables outstanding (DPO) is quite even though the company is collecting cash par Inventory tumover and days' sales outstanding (OSO) look creditors Companies that continue to do this could face Click to select your answers and then dick Check Answer CHCE AS All parts showing 135 PM 120 Type here to search prt SC bre ml $ %