Joanna handicrafts inc has net sales of 447 million with 50


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.)

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Finance Basics: Joanna handicrafts inc has net sales of 447 million with 50
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