Author Question: Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ... (Read 83 times)

Mollykgkg · **on:** Jul 11, 2018

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 · **Reply #1 on:** Jul 11, 2018

Answer to Question 1

C

Answer to Question 2

FALSE

Mollykgkg · **Reply #2 on:** Jul 11, 2018

Thank you

nikmaaacs · **Reply #3 on:** Jul 11, 2018

No problemo

Author Question: Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ... (Read 83 times)

Mollykgkg

Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ...

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nikmaaacs

Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ...

Mollykgkg

Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ...

nikmaaacs

Nico Corporation has annual purchases of 300,000 and accounts payable of 30,000, then average ...