Question
if the cost of goods sold is $ 400,000 and credit purchases is $250,000. the trade payable balance at 1/1 is $20,000 and at 31/12
if the cost of goods sold is $ 400,000 and credit purchases is $250,000. the trade payable balance at 1/1 is $20,000 and at 31/12 is $24,000. the payable days turnover is
a.
29.2 days
b.
20.1 days
c.
21.9 days
d.
32.12 days
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Strategic Market Management
Authors: David A. Aaker
5th Edition
0471177431, 9780471177432
