QUESTION 2 CVS and Walgreens released the following financial statement information: CVS (in thousands) Year-end accounts payable Average accounts payable Sales Cost of goods sold 2019 $ 1,242 1,193 16,148 9,855 Walgreens (in millions) 2019 Year-end accounts payable S 203,872 Average accounts payable 190,373 Sales 3,305,802 Cost of goods sold 2.191,803 Which of the two companies listed above is leaning on the trade more? CVS because its accounts payable turnover is higher and its accounts payable days outstanding is lower. Walgreens because its accounts payable turnover is lower and its accounts payable days outstanding is higher. Walgreens because its accounts payable turnover is higher and its accounts payable days outstanding is lower. CVS because its accounts payable turnover is lower and its accounts payable days outstanding is higher. QUESTION 10 On June 30, 2019, Evian Corporation issued $4,180,000 of 5-year bonds with a 6% coupon rate (payments due on December 31st and June 30th). The effective interest rate was 8%. What amount in interest expense did Evian record for the June 30, 2020 payment? $125,400 $153,639 $154,768 $250,800 QUESTION 2 CVS and Walgreens released the following financial statement information: CVS (in thousands) Year-end accounts payable Average accounts payable Sales Cost of goods sold 2019 $ 1,242 1,193 16,148 9,855 Walgreens (in millions) 2019 Year-end accounts payable S 203,872 Average accounts payable 190,373 Sales 3,305,802 Cost of goods sold 2.191,803 Which of the two companies listed above is leaning on the trade more? CVS because its accounts payable turnover is higher and its accounts payable days outstanding is lower. Walgreens because its accounts payable turnover is lower and its accounts payable days outstanding is higher. Walgreens because its accounts payable turnover is higher and its accounts payable days outstanding is lower. CVS because its accounts payable turnover is lower and its accounts payable days outstanding is higher. QUESTION 10 On June 30, 2019, Evian Corporation issued $4,180,000 of 5-year bonds with a 6% coupon rate (payments due on December 31st and June 30th). The effective interest rate was 8%. What amount in interest expense did Evian record for the June 30, 2020 payment? $125,400 $153,639 $154,768 $250,800