This topic contains a solution. Click here to go to the answer

Author Question: Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ... (Read 80 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average purchases per day are ________ and the average payment period is ________.
 
  A) 36.5; 821.9
  B) 36.0; 833.3
  C) 821.9; 36.5
  D) 833.3; 36.0

Question 2

The conversion feature of a bond is a feature that is included in all corporate bond issues that gives the issuer the opportunity to repurchase bonds at a stated price prior to maturity.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

FALSE





 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

For a complete list of videos, visit our video library