Question
If the accounts payable turnover is 5.2, what is the days' payable outstanding? (Round your answer to the nearest day.) A. 70 days. B. 60
If the accounts payable turnover is 5.2, what is the days' payable outstanding? (Round your answer to the nearest day.)
A. 70 days.
B. 60 days
C. 57 days.
D. 20 days.
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Auditing And Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
8th International Edition
1260570517, 978-1260570519
