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The following figures appeared on Whazzits financial statements for the year: Cost of goods sold $1,968,000, Beginning inventory $238,000, Ending inventory $249,000, Accounts payable $167,000.
The following figures appeared on Whazzits financial statements for the year: Cost of goods sold $1,968,000, Beginning inventory $238,000, Ending inventory $249,000, Accounts payable $167,000. What was Whazzits age of accounts payable? *
a. 31.1 day
b. 47.9 days
c. 42.3 days
d. 30.8 days
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