Selected recent balance sheet and income statement information for the gap, inc. follows: (in millions) 2014 year-end accounts payable $ 1,242 average accounts payable 1,193 sales 16,148 cost of goods sold 9,855 accounts payable days outstanding for 2014 is:

46 days

Explanation:

Given that,

Ending Accounts Payable = $1,242

Cost of goods sold = 9,855

Average accounts payable = 1,193

Payable turnover ratio = Cost of goods sold ÷ number of days

                                     = 9,855 ÷ 365

                                     = 27

Days Payable Outstanding:

= Ending Accounts Payable ÷ Payable turnover ratio

= $1,242 ÷ 27

= 46

Therefore, the payable days outstanding for 2014 is 46.

no, a company likes to look at potential employees that are professional, well mannered, clean, honest, etc. don't show up looking/acting like a clown. (unless that's your job xd) hope this ! =^-^=

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough