Family Co manufactures books. It buys significant quantities of supplies from various vendors in order to make its quality products. Calculate Family?s accounts payable turnover for 2020 and 2019 and determine whether it is meeting its objective of paying trade creditors within 25 days (round calculations to two decimal places).

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2020 2018 2019 Cost of goods sold. Accounts payable $10,800,000 $9,350,000 $8,100,000 890,000 654,500 565,000