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

which region is highlighted on the map? a. the terraces b. the hills c. the mississippi floodplain d. the red river valley ​
what is 8n to the 3 power times n to the 4th power?
I need to change the subject to x
How is the graph of y = (x + 1)^2- 5 transformed from the graph of y=x^2?
hello please asappp!! thank you soo much!
6. The cars also have additional safety features
a ball is dropped from rest from a high window of a tall building and falls for 4 seconds. Neglecting air resistance. The final velocity of the ball is m/s. (g=
I dont really understand how to do this with three terms can someone please help?
A= p + prt; Given A = 1000, p = 200, r=4​
According to the lecture, what does all life depend on? What happens to bonds during chemical reactions? What is bond energy? How is energy related to bonds bre