The Coca-Cola Company is analyzing its accounts payable for the quarter ending June 30,

20X9. The following data is provided:

● Purchases on Credit: $20,000,000

● Beginning Accounts Payable: $5,000,000

● Ending Accounts Payable: [Calculation 13]

● Cash Payments to Suppliers: $15,000,000

Calculate the following:

a) Ending Accounts Payable b) Accounts Payable Turnover Ratio c) Average Payment Period d)

Purchases Discount Percentage