Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alani's Hawaiian had accounts payable of $ 4 , 5 0 0 and cost of goods sold of $ 7 6 , 5 0 0

Alani's Hawaiian had accounts payable of $4,500 and cost of goods sold of $76,500. The days payable outstanding for Alanis Hawaiian is:
Select one:
a.17 days
b.31.6 days
c.21.5 days
d.33.8 days
e.25 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

12th Edition

978-0073526706, 9780073526706

Students also viewed these General Management questions