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Income Statement Balance Sheet Cash $ 70,000 Revenue Cost of Goods Sold Gross Margin $ 2,190,000 $ 1,460,000 $ 730,000 Accounts Receivable Inventory Bldg and
Income Statement Balance Sheet Cash $ 70,000 Revenue Cost of Goods Sold Gross Margin $ 2,190,000 $ 1,460,000 $ 730,000 Accounts Receivable Inventory Bldg and Equipment Total Assets $ $ 500,000 570,000 Operating Expenses $ 635,000 Net Income $ 95,000 Accounts Payable Taxes Payable Total Current Liabilities $ $ $ 50,000 30,000 80,000 Total Capital (Debt and Equity) Total Liabilities and Equity $ 80,000 Using the spreadsheet, calculate the number of Days of Accounts Payable. Round to 1 decimal, e.g. if the number of days were 65.27, enter 65.3
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