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In its most recent annual report Hewlett-Packard reported sales of $75,178 million and cost of goods sold of $54,530 million. Accounts payable at the beginning
In its most recent annual report Hewlett-Packard reported sales of $75,178 million and cost of goods sold of $54,530 million. Accounts payable at the beginning of the year was $13,569 million and at the end of the year $13,595 million.Inventory at the beginning of the year was $5,209 million and at the end of the year $5,817 million.Calculate the average days' sales in payables for the year. Present your answer to one decimal place. e.g. 20.0.
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