xthelamppostx7630 xthelamppostx7630
  • 02-07-2021
  • Business
contestada

Find the average payment period if accounts payable is $20,000, cost of goods sold is $200,000, and sales are $500,000.

Respuesta :

Ritmeks
Ritmeks Ritmeks
  • 07-07-2021

Answer:

36.5

Explanation:

Account payable = $20,000

The cost of goods sold is $200,000

Sales are $500,000

The average payment period can be calculated as follows

= 20,000/200,000/365

°= 20,000/547.9

36.5

Henbe the average payment period is 36.5

Answer Link

Otras preguntas

Find only C please i don't need A or B
The threadlike structures found in the nucleus of each human cell and made up of deoxyribonucleic acid are called.
How many electrons does calcian have to gain or lose to have 8 valence electrons
Need help with these geometric questions
Time left 0:35:32 Three steel rod (E = 200 GPa) supports 36 KN Load P. Each of the rods AB and CD has a 200 mm? cross- sectional area and rod EF has 625 mm2 cro
Who was buried under Monks Mound
Write a story, please
The solution to an inequality is graphed on the number line. What is another way to represent this solution set? -5 -4 -3 O {x | x <4.5) O {x x 34.5} O {x |
Are my answers correct?
Brian Orcard supplies apple to markets in Albany. The apple can be packed into a large bag that holds 9 apples or a small bag that holds 6 apples. A market orde