Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. find the average payment period if accounts payabl

Find the average payment period if accounts payable is 550,000, cost of goods sold is...

70.2K

Verified Solution

Question

Accounting

Find the average payment period if accounts payable is 550,000, cost of goods sold is $654,000, and sales are $5,000,000.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

I have figured them all out except D On average, commuters in Phoenix, Arizona, area require m=...

Basic Math
Q

A motor is designed to operate on 117 V and draws a current of 12...

Physics
Q

7 Find the area of the following figure The units are in hectometers 2 10

Geometry
Q

A particle is moving along the parabola x = 4 (y + 3). As the...

Basic Math
Q

Find the range and interquartile range IQR of the data set 21 38 42 37...

Algebra
Q

Total Cost of Job at November 30 Total Manufacturing Costs Added in December...

Accounting
Q

Comparing Three Depreclation Methods Waylander Coatings Company purchased waterproofing equipment on...

Accounting
Q

Required information Skip to question [The following information applies to the questions displayed...

Accounting
Q

181 182 2021, Teasdale Corp. issued 10 year 400,000 5% bond payable. 183 able semi-annually...

Accounting
Q

2014 2012 2011 2013 $564,499 $364,193 $291,354 $203,034 $ 148,200 2015 Sales 99,056 71,136 Cost...

Accounting
Q

P6-5 (LO2,4) (Analysis of Alternatives) Julia Baker died, leaving to her husband Brent an insurance...

Accounting
Q

Fuzzy Monkey Technologies, Inc., purchased as a long-term investment $150 million of 6% bonds, dated...

Accounting