Visions designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Assume that last...
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Accounting
Visions designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Assume that last year Visions reported cost of goods sold of $155 million. Assume that this year cost of goods sold was $114 million. Accounts payable was $22 million at the end of last year and $16 million at the end of this year. Required: 1. For this year, compute the average number of days that Visions's accounts payable are outstanding. (Round your answer to the nearest whole number.) Average number of days
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