Data Table 50 milion At December 31, 2018, and 2017, the company had, respectively. 5657 million and 55 From and 2018 2017 Reas Long $ company expects to pay after the coming year 136 $ 159 170 173 35 Oth 33 9 Requirements ADO 337 At year-end (In miliona) Liabilities and stockholders' equity Current liabilities Accounts payable Accrued expenses Acoried omployee compensation and benefits Current portion of long term dobt Total current oblities Long-term debt Post retirement benefits payable Other liabilities Total stockholders' equity Total abilities and stockholders' equity Year-end in milions) Cost of goods sold 1428 132 Post 388 1,300 125 25 1,175 13 Cari 2.027 1. Describe each of Friendly Planet, Inc.'s labiities and state how the ability aros 2 What were the company's total assets at December 31, 2018? 3. Assume that beginning and ending inventories for both periods did not differ by a material amount Accounts payable at the end of 2016 was $192 milion Calculate accounts payable turnover as a ratio and days' payable outstanding (DPO) for 2017 and 2018 Calculate current ratios for 2017 and 2018 as well. Evaluate whether the company improved or deteriorated from the standpoint of its ability to cover accounts payable and current abilities over the year Atel 5 3.937 S 3,013 Read The 5 1,872 5 1,656 Regu 2017 Print Done Print Done Deto Purchases from supplers (or COGS) Average accounts payable Accounts payable Turnover 2010