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QUESTION 17 Sales COGS Avg. Accounts Receivable Avg. Inventory Avg. Accounts Payable Inventory Period Receivables Period $14,300 $8,500 $2,300 $3,400 $1,300 146 days 59 days
QUESTION 17 Sales COGS Avg. Accounts Receivable Avg. Inventory Avg. Accounts Payable Inventory Period Receivables Period $14,300 $8,500 $2,300 $3,400 $1,300 146 days 59 days Using the information above: 1) Calculate the Accounts Payable Period. 2) Calculate the Operating Cycle
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