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Calculate the days payable

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Question - The SOS Company has Current Assets of $1300, Current Liabilities of $800, and Accounts Payable of $300. The company's Cost of Goods Sold is $4870.5, its Inventory increased by $30, and its Accounts Payable were $340 the prior year. Calculate the Days Payable.

A) 23.98

B) 14.90

C) 23.83

D) 25.48

Reference no: EM132830519

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