Question 27 5 pts Long term labities are mostly for operating actes both A and Tinancing active Question 28 5 pts M er Corporation issued 6000 shares of its $5 par value common stock in payment for storey services billed at $54.000 Meer Corporation's stock has been actively trading at $0 per share The Journal entry for this transaction would include a credit Common look for $54.000 Pada Captain Excess of Pucommon for 824.000. Legal Expense for 554000 Question 29 5 pts If the accounts payable turnover is 54 what is the days payable outstanding? (Round your answer to the nearest day)