E9-7 (Algo) Calculating and Explaining the Accounts Payable Turnover Ratio LO 9-2 Visions designs, markets,...
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E9-7 (Algo) Calculating and Explaining the Accounts Payable Turnover Ratio LO 9-2 Visions designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Assume that last year Visions reported cost of goods sold of $160 million, Assume that this year cost of goods sold was $119 million, Accounts payable was $23 million at the end of last year and $17 million at the end of this year. Required: 1. For this year, compute the average number of days that Visions's accounts payable are outstanding. (Round your answer to the nearest whole number.) 097 ok Avarago number of dayn 43 int
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