s Marketable securities: a are extremely liquid investments. b, are long-term investments. e provide much higher yields than other assets d. held by a firm depend upon its long-term needs. are high. 16. Which of the following is the correct expression for the payables deferra period? a. Payables turnover /360 b. Payables turnover x 360 c. Daily credit purchases/Accounts payable d. Accounts payable / Daily credit purchases e. Cost of goods sold/Payables