Nico Corporation has annual purchases of 300,000 and accounts ...

[Mollykgkg]

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

[nikmaaacs]

Answer to Question 1

C

Answer to Question 2

FALSE

[Mollykgkg]

Thank you

[nikmaaacs]

No problemo