Facebook, Inc. is analyzing its accounts payable for the quarter ending September 30, 20X9.

The following data is provided:

● Purchases on Credit: $30,000,000

● Beginning Accounts Payable: $7,000,000

● Ending Accounts Payable: [Calculation 7]

● Cash Payments to Suppliers: $25,000,000

Calculate the following:

a) Ending Accounts Payable b) Accounts Payable Turnover Ratio c) Average Payment Period d)

Purchases Discount Percentage