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The following amounts are summarized from information included in a company's 2020 annual report ($ millions). ONLY NEED E-G answered Account 2020 Sales $21,852 Cost
The following amounts are summarized from information included in a company's 2020 annual report ($ millions).
ONLY NEED E-G answered
Account | 2020 |
---|---|
Sales | $21,852 |
Cost of goods sold | 13,663 |
Accounts receivable, average balance | 283 |
Inventory, average balance | 631 |
Accounts payable, average balance | 409 |
Enter the answers rounded to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 .
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e. Accounts payable turnover |
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f. Average days payable outstanding |
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g. Cash conversion cycle |
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