Question: Problem 3-9 Calculating Average Payables Period [LO 2] f unoar eoa,as $13 46 9t goods sold of ,.82.A he end of the year the accounts
![Problem 3-9 Calculating Average Payables Period [LO 2] f unoar eoa,as](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66f917ed8123c_62166f917ed2bdbf.jpg)
Problem 3-9 Calculating Average Payables Period [LO 2] f unoar eoa,as $13 46 9t goods sold of ,.82.A he end of the year the accounts payable balance $13,489. How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Days' sales in payables days
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
