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M9-2 Computing and Interpreting Accounts Payable Turnover LO9-2 Nelson Company reported cost of goods sold of $550,000 last year and $580,000 this year. Nelson also

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M9-2 Computing and Interpreting Accounts Payable Turnover LO9-2 Nelson Company reported cost of goods sold of $550,000 last year and $580,000 this year. Nelson also reported accounts payable of $300,000 last year and $280,000 this year. Compute this year's accounts payable turnover ratio for Nelson. (Round your answer to 1 decimal place.) Accounts payable turnover ratio

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