Question: (Ch 4) Presented below are selected amounts from Wilson's financial statements: Amounts in thousands Balance sheet Accounts receivable $ 22,800 Inventory 41,000 Total assets 569,000
(Ch 4) Presented below are selected amounts from Wilson's financial statements: Amounts in thousands Balance sheet Accounts receivable $ 22,800 Inventory 41,000 Total assets 569,000 Accounts payable 33,500 Shareholders' equity 288,000 Income Statement Net sales Cost of goods sold Interest expense Net income 621,000 325.000 22.000 124,000 How many days, on average, does it take Wilson's to pay an outstanding account payable? Select one: a. 37.6 days b. 46.0 days OC 13.4 days d. 9.4 days
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