What is the firm accounts payable

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Reference no: EM13268162

Joanna Handicrafts, Inc., has net sales of $4.47 million with 50 percent being credit sales. Its cost of goods sold is $2.68 million. The firm's cash conversion cycle is 36.6 days, and its operating cycle is 96.5 days. What is the firm's accounts payable? (Round intermediate calculations to 1 decimal place, e.g. 25.1 and final answer to nearest whole dollar, e.g. 5,275.)

Reference no: EM13268162

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What is the firm accounts payable : Joanna Handicrafts, Inc., has net sales of $4.47 million with 50 percent being credit sales. Its cost of goods sold is $2.68 million. The firm's cash conversion cycle is 36.6 days, and its operating cycle is 96.5 days. What is the firm's accounts ..

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