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Sweet Treats Bakery had accounts payable of $18,900 and cost of goods sold of $307,900. The days payable outstanding for Sweet Treats Bakery is: What

Sweet Treats Bakery had accounts payable of $18,900 and cost of goods sold of $307,900. The days payable outstanding for Sweet Treats Bakery is:

What is the correct answer?

Multiple Choice

  • 18.8 days.

  • 33.1 days.

  • 22.4 days.

  • 25.5 days.

  • 36.1 days.

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