Question
On December31st, Baxtor, Inc. has cost of goods sold of $380,000 , ending inventory is $19,000 , beginning inventory is $23,000 ; and average accounts
On December31st, Baxtor, Inc. has cost of goods sold of $380,000, ending inventory is $19,000, beginning inventory is $23,000; and average accounts payable is $85,000. What is the accounts payableturnover? (Round your answer two decimalplaces.)
A.
4.52
B.
4.42
C.
5.96
D.
3.98
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
