Question: Average accounts payable cycle. Use the following account information for Rian Company. Click on the icon in order to copy its content into a spreadsheet
Average accounts payable cycle. Use the following account information for Rian Company. Click on the icon in order to copy its content into a spreadsheet 2013 and 2014 Selected Balance Sheet Accounts of Rlan Company Click on the icon D, in order to copy its content into a spreadsheet 2014 Selected Income Statement Items for Rian Company Cash sales $401,000 Credit sales $569,000 What would the ending balance in the accounts payable account for 2014 have needed to be to reach this target (holding all other accounts the same)? (Round to the nearest dollar.)
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