1. The following data is available for Tommy's Toys for the years 2008 through 2011 (10 points) 2011 2010 2009 2008 Cost of goods sold $7,506 $7,646 $7,799 $7,815 Accounts payable $1,023 $1,022 $878 $ 896 A. Calculate the accounts payable turnover ratio for the following years: 1. 2011 2. 2010 3. 2009 Calculate the number of days it is taking Tommy's Toys to pay their vendors (assume a 365 day year): 1. 2011 2. 2010 3. 2009 Explain whether Tommy's Toys is doing a better job of paying their vendors in a timely manner