Question: Based on the information provided below, what is the company's creditors turnover period? $ Opening inventory 11,000 Closing inventory 9,500 Cost of sales 38,000
Based on the information provided below, what is the company's creditors turnover period? $ Opening inventory 11,000 Closing inventory 9,500 Cost of sales 38,000 Payables 6,200 a. 60 days b. 62 days C. 110 days d. 129 days
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