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XPO had the following selected account balances at the year-end: Amounts in thousands Sales revenue $270,000 Cost of goods sold 201,825 Net income 34,000 Inventory

XPO had the following selected account balances at the year-end:

Amounts in thousands

Sales revenue

$270,000

Cost of goods sold

201,825

Net income

34,000

Inventory

20,800

Accounts payable

15,800

How many days, on average, does it take XPO to pay its outstanding accounts payable?

a 11.6 days

b 8.6 days

c 28.6 days

d 42.5 days

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