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Selected recent balance sheet and income statement information for Lowell Co. is as follows: (in thousands) 2017 Year-end accounts payable $ 6,000 Average accounts payable

Selected recent balance sheet and income statement information for Lowell Co. is as follows: (in thousands) 2017 Year-end accounts payable $ 6,000 Average accounts payable 4,200 Sales 100,000 Cost of goods sold 73,000 Days payables outstanding for 2017 is: A. 19.0 B. 20.0 C. 30.0 D. 11.0 E. None of the above

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