(Answered) Question - reynaldo company has current assets of 115000

Accounting

Question - Reynaldo Company has current assets of $115,000 and current liabilities of $75,000 of which accounts payable are $65,000. Reynaldo's cost of goods sold is $420,000, its merchandise inventory increased by $20,000, and accounts payable were $45,000 the prior year. Calculate Reynaldo's working capital, payables turnover, and days' payable (to one digit after decimal).

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