Calculate WRM, Inc.'s DAYS PURCHASES IN ACCOUNTS PAYABLE in 20X4 given the following information for the...
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Calculate WRM, Inc.'s DAYS PURCHASES IN ACCOUNTS PAYABLE in 20X4 given the following information for the years ended 12/31/20X3 and 12/31/20X4. Round to the nearest whole day. 12/31/20X3 12/31/20X4 $ 24,528 Cash Accounts Receivable 54,777 Inventory 109,861 Accounts Payable 46,858 Sales Revenues 690,236 Cost of Goods Sold 403,284 42 days 90 days 32 days 35 days $27,564 70,923 165,225 50,228 805,213 500,385 Calculate WRM, Inc.'s DAYS PURCHASES IN ACCOUNTS PAYABLE in 20X4 given the following information for the years ended 12/31/20X3 and 12/31/20X4. Round to the nearest whole day. 12/31/20X3 12/31/20X4 $ 24,528 Cash Accounts Receivable 54,777 Inventory 109,861 Accounts Payable 46,858 Sales Revenues 690,236 Cost of Goods Sold 403,284 42 days 90 days 32 days 35 days $27,564 70,923 165,225 50,228 805,213 500,385
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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