77 Currier & Ive's Lithography has a Cost of Goods Sold of $60.8 million. The company's accounts payable balance is $7.5 million. It's accounts payable deferral period is: Answer A 48.7 days. B 45 days. C 81 days. D 8.11 days. Question 79 Which of the following is NOT a typical characteristic of money-market securities? Answer A Liquid, easily bought and sold B Little or no default risk C Interest is not taxable at state or federal level D Maturities less than 1 year Question 80"Float" is the term given to: Answer A differences between the cash balance and the balance of cash plus marketable securities. B differences between the cash balance in the ledger and the funds available in the firm's checking account. C the period between the date an invoice is received and the date on which it must be paid. D the practice of deliberately delaying payments beyond the due date