Wardlow Sales, Inc.'s comparative income statements and balance sheets show the following selected information for 2019 and 2020:

{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 ?

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Cost of goods sold. Average accounts payable 2020 $2,700,000 $ 300,000 2019 $2,500,000 $ 250,000