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QUESTION 6 In its most recent annual report (all figures reported in $ millions) Hewlett-Packard reported sales of $40,390 and cost of goods sold of
QUESTION 6 In its most recent annual report (all figures reported in $ millions) Hewlett-Packard reported sales of $40,390 and cost of goods sold of $23,529. Accounts payable at the beginning of the year was $1,350 and at the end of the year $1,402. Inventory at the beginning of the year was $4,041 and at the end of the year $3,997. Calculate the average days' sales in payables for the year. Present your answer to one decimal place. e.g. 20.0
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