(Solved): what is the company's number of days of payables for the current year?  Using the following fin ...

Using the following financial information for Company Z, the number of days of payables for the current year is closest to: \begin{tabular}{|l|c|c|} \hline & Current year & Previous year \\ \hline & \( \$ 14,000 \) & \( \$ 12,000 \) \\ \hline Credit sales & \( \$ 8,500 \) & \( \$ 6,900 \) \\ \hline Cost of goods sold & \( \$ 2,200 \) & \( \$ 2,000 \) \\ \hline |Accounts payable financial information (in \( \$ \) millions) \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline OUTPUT & \\ \hline & \\ \hline Purchases & \\ \hline Average trade payables & \\ \hline Payables turnover & \\ \hline Number of days of payables & \\ \hline \end{tabular}