E9-7 (Algo) Calculating and Explaining the Accounts Payable Turnover Ratio LO 9-2 Visions designs, markets, and...

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E9-7 (Algo) Calculating and Explaining the Accounts Payable Turnover Ratio LO 9-2 Visions designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Assume that last year, Visions reported cost of goods sold of $167 million. Assume that this year, cost of goods sold was $126 million. Accounts payable was $26 million at the end of last year and $16 million at the end of this year. Required: 1. For this year, compute the average number of days that Visions's accounts payable are outstanding Note: Do not round intermediate calculations and round your final answer to the nearest whole number. Use 365 days a year. Average number of days E9-7 (Algo) Calculating and Explaining the Accounts Payable Turnover Ratio LO 9-2 Visions designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Assume that last year, Visions reported cost of goods sold of $167 million. Assume that this year, cost of goods sold was $126 million. Accounts payable was $26 million at the end of last year and $16 million at the end of this year. Required: 1. For this year, compute the average number of days that Visions's accounts payable are outstanding Note: Do not round intermediate calculations and round your final answer to the nearest whole number. Use 365 days a year. Average number of days