Seinfeld Co. recorded purchases of $520,000 during the current year, and 20% of these purchases were made in cash. Seinfeld also indicated that the balance in the accounts payable account was $80,000 in the current year and $110,000 in the prior year. Seinfeld's accounts payable turnover ratio for the current year is 5.66. 5.47. 5.20. 4.38.