Average payment period can be calculated as accounts payable ...

[nramada]

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

[cclemon1]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[nramada]

Thanks for the timely response, appreciate it

[juliaf]

Gracias!