1- Murphy Enterprises had the following selected account balances at the year-end:

Amounts in thousands
Sales revenue	$480,000
Cost of goods sold	235,970
Net income	46,500
Inventory	60,300
Accounts payable	25,800

What is Murphy Enterprises days payable period for the year-end?

Select one:

A. 72.6 days

B. 93.3 days

C. 18.6 days

D. 39.9 days

2- Hannah & Company has beginning inventory of $200,000, ending inventory of $150,250, cost of goods sold of $752,500, and sales revenue of $1,400,000. What is the company's inventory-on-hand period?

Select one:

A. 91.3 days

B. 72.9 days

C. 244.0 days

D. 121.7 days

3- Harnois & Company has a receivable turnover of 21. What is the companys receivable collection period?

Select one:

A. 18.0 days

B. 17.4 days

C. 24.3 days

D. 22.3 days