Question: Using the info below what is the Days Payables (DP)? Annual Revenue $158,000.00 Annual Cost of Goods Sold $92,400.00 Cash Flow from Operations $850.00 Ending
Using the info below what is the Days Payables (DP)?
Annual Revenue $158,000.00
Annual Cost of Goods Sold $92,400.00
Cash Flow from Operations $850.00
Ending Inventory $23,600.00
Ending Accounts Receivable $19,300.00
Ending Accounts Payable $16,950.00
------- A. 262.15
B. 93.23
C. 39.16
D. 66.96
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