The financial statements of AZY company for the year 2018 demonstrated the following: Net Income $75,000, Net credit sales $395,000, Cost of goods sold $280,000, Inventory purchases $165,000, Account receivable $26,000 and Account payable $45,000. In addition, the financial statements for the year 2017 showed that Current liabilities $47,000, Account receivable $24,000, Marketable securities $32,000 and Account payable $35,000. Account payable turnover ratio for the year 2018 is: O a. 4.125 Ob. 9.875 O c. 3.265 O d. 4.65 Question 20 Not yet answered Marked out of 2.00 Flag