(Ch 4) Presented below are selected amounts from Wilson.'s financial statements: Amounts in thousands Balance...
60.1K
Verified Solution
Question
Accounting
(Ch 4) Presented below are selected amounts from Wilson.'s financial statements: Amounts in thousands Balance sheet Accounts receivable Inventory Total assets Accounts payable Shareholders' equity $ 22,800 41,000 569,000 33,500 288,000 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: O a. 87.6 days b.46.0 days O C. 13.4 days O d. 9.4 days

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.