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

At Jones College, there are a total of 100 students. If 30 of the students have cars on campus, and 50 have bicycles, and 20 have both cars and bicycles, then h
solve the formula for the indicated variable  c=yt+y,for t (the solution is t=___)
The first land battle of the civil war took place near ________, Virginia, on july _ _, 18_ _At this battle, the union army ___________ the confederate army.wha
solve the formula for the indicated variable (b=rw+r,for w  sollution w=____)
What is 4p-13p-p=-150 More 2 step equations. I don't get this one at all
Baker university hired its first coachj in?
Ho does differentiation change an embryo as it develops
What is an object with a very high resistance classified as?
plz tell me what is dry ice?
If an ant runs randomly through an enclosed circular field of radius 2 feet with an inner circle of radius 1 foot, what is the probability that the ant will be