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Wyton Sales, Inc.'s, comparative income statements and balance sheets show the following selected information for...

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Wyton Sales, Inc.'s, comparative income statements and balance sheets show the following selected information for 2017 and 2018 BE: (Click the icon to view the data.) Requirements 1. Calculate the company's accounts payable tumover and days' payable outstanding (DPO) for 2017 and 2018 On the basis of this computation alone, has the company's liquidity position improved or deteriorated during 2018? 2. Requirement 1. Calculate the company's accounts payable turnover and days' payable outstanding (DPO) for 2017 and 2018 Begin by computing the company's accounts payable turnover. Select the formula, enter the amounts and compute the accounts payable turnover for 2018 and 2017. (Round the accounts payable tumover to two decimal places, XXX) Purchases from suppliers 1 Average accounts payable Accounts payable turnover 2018 1 Data Table 2018 2017 Cost of goods sold S 2 650.000 $ 2.800.000 Ending inventory $ 900.000 $ 650.000 S 650.000 $ 500.000 Beginning inventory Average accounts payable $ 330.000 $ 270.000 Pont Done Done

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