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

Write the equation of the line in slope intercept form for the line that passes through (-2,6) and has a slope of -1/4,
Fill in the blanks:National park is an __________method of conservation of bio-diversity.22 PŐĨŃŤŚ ÁŚ Á ŔĔŴÁŔĎ!​
HELP ME PLZZ I NEED HELP
mention two factors whichaffect pressure due toliquid contained in a vessel​
In Furman Georgia (1972), William Furman appealed his death sentence for domestic violence. murder. drunk driving assault.
A Lockheed F-117 Nighthawk stealth bomber starts at rest at the south end of a runway and undergoes a uniform acceleration of 17.98 m/s2 to the north. it takes
Which expression represents h(x)? (f. g)(x) (g + f)(x) (f- g)(x) (g - f)(x)
Which verb form correctly completes this sentence? Víctor siempre me _________ ayuda. A. pide B. pido C. pida D. pedí
Each card costs $ 3.00. how much do 44 cards cost
HELP !!!!!!MEEEEEEEEEEEE!!!!!!!!!!