Queswtion: Determine the average age of accounts payable and payable turns for the construction company in Figures 6-1 and 6-2. Use only the material and subcontract construction costs to calculate the average of accounts payable. What insight does this give you into the company's financial operations?
![1442_6-1.png](https://secure.tutorsglobe.com/CMSImages/1442_6-1.png)
![1780_6-2.png](https://secure.tutorsglobe.com/CMSImages/1780_6-2.png)