e income statements and balance sheets show the following selected information for 2017 and 2018: data.) s accounts payable turnover and days' payable outstanding (DPO) for 2017 and 2018. nputation Data Table supplie 000 000 2018 2017 Cost of goods sold. outstandi aces and r 2,350,000 $2,200,000 or 2018 Ending inventory 650,000 450,000 Beginning inventory 450,000 300,000 Average accounts payable 330,000 2$ 245,000 edit fields Print Done Clear All Checa %24 %24 %24 %24

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 8PB: The following select financial statement information from Vortex Computing. Compute the accounts...
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Need help with 2018 boxes Help in atleast 20 mins
e income statements and balance sheets show the following selected information for 2017 and 2018:
data.)
s accounts payable turnover and days' payable outstanding (DPO) for 2017 and 2018.
nputation
Data Table
supplie
000
000
2018
2017
Cost of goods sold.
outstandi
aces and r
2.350,000
$2,200,000
or 2018 a
Ending inventory
$4
650,000
450,000
Beginning inventory
$4
450,000
300,000
Average accounts payable
330,000
24
245,000
edit fields
Print
Done
Clear All
Checa
a
bp
ins
f10
| f11
f12
Transcribed Image Text:e income statements and balance sheets show the following selected information for 2017 and 2018: data.) s accounts payable turnover and days' payable outstanding (DPO) for 2017 and 2018. nputation Data Table supplie 000 000 2018 2017 Cost of goods sold. outstandi aces and r 2.350,000 $2,200,000 or 2018 a Ending inventory $4 650,000 450,000 Beginning inventory $4 450,000 300,000 Average accounts payable 330,000 24 245,000 edit fields Print Done Clear All Checa a bp ins f10 | f11 f12
Compute the days payable outstanding (DPO). Select the formula, enter the amounts and compute the days payable outstanding for 2018 and 2017. (Enter
amounts to two decimal places and round your answers to the nearest whole day.)
365
Accounts payable turnover
Days payable outstanding
%3D
2018
Enter any number in the edit fields and then click Check Answer.
parts
remaining
Clear All
Check Answer
Daarson
O Type here to search
Cop
米。
prt sc
delete
10
&
*
%24
4
%23
5.
8.
backspaC
R
T
Y
H.
JK
LL
Transcribed Image Text:Compute the days payable outstanding (DPO). Select the formula, enter the amounts and compute the days payable outstanding for 2018 and 2017. (Enter amounts to two decimal places and round your answers to the nearest whole day.) 365 Accounts payable turnover Days payable outstanding %3D 2018 Enter any number in the edit fields and then click Check Answer. parts remaining Clear All Check Answer Daarson O Type here to search Cop 米。 prt sc delete 10 & * %24 4 %23 5. 8. backspaC R T Y H. JK LL
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