Question: Timberline Inc. has sales of $642,000 and average accounts payable of $36,400. The cost of goods sold is equivalent to 65 percent of sales. Determine how long does it take Timberline to pay its suppliers?
[A] 20.69 days
[B] 26.18 days
[C] 31.85 days
[D] 11.46 days
[E] 13.45 days