[Answered] Average payment period can be calculated as accounts payable divided by average purchases per day. ...

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Author Question: Average payment period can be calculated as accounts payable divided by average purchases per day. ... (Read 93 times)

nramada

Hero Member
Posts: 580

on: Jul 11, 2018

Average payment period can be calculated as accounts payable divided by average purchases per day.

Indicate whether the statement is true or false

Question 2

In general, floatation costs include two components, underwriting costs and administrative costs.

Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

cclemon1

Sr. Member
Posts: 312

Reply #1 on: Jul 11, 2018

Answer to Question 1

TRUE

Answer to Question 2

TRUE

nramada

Member
Posts: 580

Reply 2 on: Jul 11, 2018

Excellent

zacnyjessica

Member
Posts: 345

Reply 3 on: Yesterday

Great answer, keep it coming

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