89.8k views
5 votes
In the latest published financial statements, an amount of $42,000 appears against accounts payable. During the year, goods worth $150,000 were purchased on credit.

Assuming 365 days in a year, what is the approximate accounts payable payment period (in days)?

1 Answer

6 votes

Answer:in the latest published financial statements,an amount of $42000 appears against accounts payable.During the year,goods worthy $150000 were purchased on credit .assuming 365 days in a year ,what is the approximate accounts payable payment period.

Explanation:

User Jonathan Ballet
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories