A company with accounts payables of $35,000 and cost of goods sold of $300,000 would have days in payables of
a. 43 days
b. 24 days
c. The answer is not one of the above choices.
d. 32 days
Answer is a. 43 days
Business
You might also like to view...
When the total fixed costs decrease, the contribution margin per unit ________.
A) increases B) decreases C) remains the same D) decreases proportionately
Business
Describe what is meant by contract discharge through commercial impracticability
What will be an ideal response?
Business
What is the firm's additional profit contribution from sales under the proposed relaxation of credit standards? (See Table 14.5)
A) $2,250 B) $6,750 C) $9,000 D) $69,000
Business
Body language is most likely to communicate and even create self-confidence.
Answer the following statement true (T) or false (F)
Business