Compute the GED days payable outstanding

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Question - JGE Concrete Corp. provides the following information for 2020 and 2021:

 

2020

2021

Current assets

$23,000

$27,000

Accounts payable

9,000

10,000

Other current liabilities

5,000

4,000

Non-current liabilities

50,000

62,000

Sales revenue

125,000

135,000

Cost of goods sold

75,000

79,600

To one decimal, compute the GED's days payable outstanding for 2021?

a. 43.6

b. 46.2

c. 47.2

d. 48.7

Reference no: EM132726176

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