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

Containment was a policy in which the U.S. tried to do what?
how come some girls don't get period cramps?
the 42 foot tree casts a shadow of 63 feet. how long is a shadow of a 5 foot girl who is standing near it
Deathvalley has an elevation of -282 feet to sea level explain how to use absolute value to describe the elevation of death valley as a positive integer.
How does the saguaro cactus take advantage of rare, brief rainfall?
Write equation in function form y-3x-11=0
write the number in two other forms
Tasha believes that she can rewrite the diffrence 120 - 36 as a product of the GCF of the two numbers and another diffrence.Is she correct?
Tasha believes that she can rewrite the diffrence 120 - 36 as a product of the GCF of the two numbers and another diffrence.Is she correct?
What is the series equivalent of two 1000 W resistors in series?