Given the following information, calculate the payables turnover and days' payable. Round answers to two decimal places.
a. Payables turnover
b. Days' payable
Definitions:
Slave Labor
The forced, unpaid work of enslaved people, utilized extensively in various societies throughout history, notably in the Americas up until the 19th century.
Kansas-Nebraska Act
A 1854 law that created the territories of Kansas and Nebraska, allowing settlers in those territories to decide on the legality of slavery through popular sovereignty, leading to increased tensions that contributed to the American Civil War.
Charles Sumner
An American politician and senator known for his strong stance against slavery and his leadership in the anti-slavery movement before the Civil War.
Preston Brooks
A pro-slavery Congressman from South Carolina known for his violent attack on abolitionist Senator Charles Sumner in 1856.
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