FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If the accounts payable turnover is 5 , what is the days' payable outstanding? ( Round your answer to the nearest day. ) A .

If the accounts payable turnover is 5, what is the days' payable outstanding? (Round your answer to the nearest day.)
A.60 days
B.23 days
C.63 days
D.73 days
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Students also viewed these Accounting questions

Question

12.47 Stride Rate One measure of form for a runner is stride rate, defined as the number of steps per second. A runner is considered to be efficient if the stride rate is close to optimum. The stride...

Answered: 1 week ago

Question

★★★★★
A study of Kickstarter projects showed that 54.2% were successful, that is, achieved its goal and raised at least the targeted goal amount. In an effort to identify network dynamics that influences...

Answered: 1 week ago

Question

★★★★★
tiwy? ghe sheter, 6ts tiwy? ghe sheter, 6ts

Answered: 1 week ago

Question

★★★★★
QUESTION 30 In an effort to capture the large jet market, Hiro Airplanes invested $12.68 billion developing its B490, which is capable of carrying 800 passengers. The plane has a list price of $275...

Answered: 1 week ago

Question

★★★★★
Noah Corp. estimates factory overhead to be P800,000 for the coming year. It was also estimated that the company would incur material cost of P1,200,000. It will also estimated to incur P600,000 for...

Answered: 1 week ago

Question

★★★★★
Letter to the Executive Board Below you will find a breakdown of the sales for our computer, furniture, and software categories by each of the members of our sales team. DataTech has acheived record...

Answered: 1 week ago

Question

★★★★★
What are the key differences between leadership and management in a business context?

Answered: 1 week ago

Question

★★★★★
2. Given the information below, complete the MRP record and explain what it tells the inventory analyst to do. Lot Size Rule: Fixed Q = 200 units Lead Time = 2 weeks Safety Stock: 0 units Current...

Answered: 1 week ago

Question

★★★★★
Describe the factors influencing of performance appraisal.

Answered: 1 week ago

Previous Question Next Question