Eazy Co. financial data 2018 2019 2020 Accounts Payable $176,000 $196,000 $246,000 Beginning Inventory Ending Inventory 120,000 140,000 120,000 140,000 130,000 Cost of Goods Sold 565,000 685,000 905,000 Using the above financial data for Eazy Co. calculate the accounts payable turnover rate and average payment period for 2018, 2019 & 2020. For 2018, use year end balances instead of average balances. (Round accounts payable turnover ratio to 2 decimal places. e.g. 15.25 and average payment period to 1 decimal place, e.g. 15.2. Use 365 days for calculations.) Accounts payable turnover ratio Average payment period 2018 days 2019 days 2020 days