Please answer the following 2 questions.

Question A9 Consider the following financial statement information for Gemini International: Item Beginning ($) Ending ($) Inventory 55,000 58,000 Accounts receivable 40,000 38,000 Net Sales: $360,000 Cost of Goods Sold: $228,000 Assume all sales are on credit. Furthermore, there are 58.75 days between the cash outflow and cash inflow for the company. What is the company's account payable period? Question A10 Discuss is the following statement is TRUE or FALSE: A company should always adopt a liberal credit term as it will increase the cash flow of the company