Question
Calculate Average Payment Period from the following information. (2 Marks) Accounts Payable on 1.1.2020 OMR 460,000 Accounts Payable on 31.12.2020 OMR 640,000 Total Purchases ..................
Calculate Average Payment Period from the following information. (2 Marks) Accounts Payable on 1.1.2020 OMR 460,000 Accounts Payable on 31.12.2020 OMR 640,000 Total Purchases .................. OMR 1,300,000 Cash Purchases are 30% of Total Purchases.
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
