Question: M 9 - 2 ( Algo ) Computing and Interpreting Accounts Payable Turnover LO 9 - 2 Nelson Company reported cost of goods sold of

M9-2(Algo) Computing and Interpreting Accounts Payable Turnover LO9-2
Nelson Company reported cost of goods sold of $610,000 last year and $640,000 this year. Nelson also reported accounts payable of $210,000 last year and $190,000 this year.
Compute this year's accounts payable turnover ratio for Nelson.
Note: Round your answer to 1 decimal place.

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