Question: The payables deferral period is calculated as follows: a. Average payables/Sales per day b. Beginning payables/Sales per day c. Average payables/ Purchases per day d.

The payables deferral period is calculated as follows:

a. Average payables/Sales per day

b. Beginning payables/Sales per day

c. Average payables/ Purchases per day

d. Average payables/ Cost of goods sold

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