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Key figures for Apple and Google follow. $ millions Accounts payable Cost of goods sold Apple Current Year Prior Year $ 49,049 $ 37,294 141,048
Key figures for Apple and Google follow. $ millions Accounts payable Cost of goods sold Apple Current Year Prior Year $ 49,049 $ 37,294 141,048 131,376 Google Current Year Prior Year $ 3,137 $ 2,041 45,583 35,138 131 Required: 1. Compute days' payable outstanding for each company for the most recent two years. (Do not round intermediate calculations. Round your final answers to 1 decimal place. Use 365 days in a year.) Apple Current Year days Prior Year days Google Current Year Prior Year | days days Days' payable 2. For the current year, which company took more time to pay its suppliers? Apple Google
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