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Average accounts payable cycle .
Use the following account information to calculate Rian​ accounts payable cycle . 2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Company ' s average
P13-8 ( similar to )
Average accounts payable cycle . Use the following account information for Rian Company . 2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Rian Company had set a target of 16.6 days for its payment​ ( accounts payable ) cycle . What would the ending balance in the accounts payable account
for 2014 have needed to be to reach this target​ ( holding all other accounts the​ same )?
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Average accounts payable cycle .

Use the following account information to calculate Rian​ accounts payable cycle . 2013 and 2014 Selected Balance Sheet Accounts of Rian Company

Company ' s average

2014 Selected Income Statement Items for Rian

Company

Cash sales

$ 539000

Credit sales

$ 664000

Total sales

$ 1203000

Cost of goods sold

$ 632489

P13-8 ( similar to )

Average accounts payable cycle . Use the following account information for Rian Company . 2013 and 2014 Selected Balance Sheet Accounts of Rian Company

Rian Company had set a target of 16.6 days for its payment​ ( accounts payable ) cycle . What would the ending balance in the accounts payable account

for 2014 have needed to be to reach this target​ ( holding all other accounts the​ same )?

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