Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please calculate the days payable outstanding based on the information below: Days inventory outstanding: 18.9 Days receivables outstanding: 35.4 Operating cycle: 43.2 Group of answer

Please calculate the days payable outstanding based on the information below:

Days inventory outstanding: 18.9

Days receivables outstanding: 35.4

Operating cycle: 43.2

Group of answer choices

a. 97.5

b. 11.1

c. 26.7

d. 59.7

None of these are correct.

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

Recommended Textbook for

Anti Audit Warfare

Authors: Business Management Daily

7th Edition

ISBN: 1540747182, 978-1540747181

More Books

Students also viewed these Accounting questions

Question

2. Describe how technology can impact intercultural interaction.

Answered: 1 week ago

Question

7. Define cultural space.

Answered: 1 week ago