At any point in time, Tarcomed Hospitals owes its suppliers $45,000. The companys cost of goods sold
Question:
At any point in time, Tarcomed Hospitals owes its suppliers $45,000. The company’s cost of goods sold averages $810,000. What are Tarcomed’s
(a) payables turnover and
(b) payables deferral period (DPO)?
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Cfin4 Plus Coursemate Printed Access Card 2014
ISBN: 9781285434544
1st Student Edition
Authors: Scott Besley, Eugene F. Brigham
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