Windman Sales, Inc.'s comparative income statements and balance sheets show the following selected information for 2019 and 2020: BE! (Click the icon to view the data.) Requirements 1. Calculate the company's accounts payable turnover and days payable outstanding (DPO) for 2019 and 2020. 2. On the basis of this computation alone, has the company's liquidity position improved or deteriorated during 2020? Requirement 1. Calculate the company's accounts payable turnover and days payable outstanding (DPO) for 2019 and 2020. Begin by calculating the company's accounts payable turnover. First, select the formula calculate the company's accounts payable turnover, and then use it to calculate the turnover for the two years. Accounts payable turnover Accounts payable turnover for 2020 is. Accounts payable turnover for 2019 is. Now, calculate the days payable outstanding (DPO). Select the formula to calculate the company's DPO, and use it to calculate the DPO for the two years. = Days payable outstanding Days payable outstanding for 2020 is days. (Round your answer to the nearest whole day.) Days payable outstanding for 2019 is days. (Round your answer to the nearest whole day.) Requirement 2. On the basis of this computation alone, has the company's liquidity position improved or deteriorated during 2020? The company's liquidity position has V during 2020 Windman Sales, Inc.'s comparative income statements and balance sheets show the following selected information for 2019 and 2020: BE! (Click the icon to view the data.) Requirements 1. Calculate the company's accounts payable turnover and days payable outstanding (DPO) for 2019 and 2020. 2. On the basis of this computation alone, has the company's liquidity position improved or deteriorated during 2020? Requirement 1. Calculate the company's accounts payable turnover and days payable outstanding (DPO) for 2019 and 2020. Begin by calculating the company's accounts payable turnover. First, select the formula calculate the company's accounts payable turnover, and then use it to calculate the turnover for the two years. Accounts payable turnover Accounts payable turnover for 2020 is. Accounts payable turnover for 2019 is. Now, calculate the days payable outstanding (DPO). Select the formula to calculate the company's DPO, and use it to calculate the DPO for the two years. = Days payable outstanding Days payable outstanding for 2020 is days. (Round your answer to the nearest whole day.) Days payable outstanding for 2019 is days. (Round your answer to the nearest whole day.) Requirement 2. On the basis of this computation alone, has the company's liquidity position improved or deteriorated during 2020? The company's liquidity position has V during 2020
