On December 31st,Datton,Inc.has cost of goods sold of $550,000,ending inventory is $102,000,beginning inventory is $120,000;and average accounts payable is $114,000.What is the accounts payable turnover? (Round your answer two decimal places. )
A) 4.98
B) 7.77
C) 4.67
D) 2.88
Correct Answer:
Verified
Q21: If the accounts payable turnover is 5.4,what
Q22: If Cost of Goods Sold is $240,000,beginning
Q23: On December 31st,Goliath Corporation has cost of
Q24: The accounts payable turnover is calculated by
Q25: Which number is needed in calculating the
Q27: On December 31st,Datton,Inc.has cost of goods sold
Q28: On December 31st,Baxtor,Inc.has cost of goods sold
Q29: A note is a written promise to
Q30: The accounts payable turnover expressed in days
Q31: If Cost of Goods Sold is $300,000,beginning
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents