The payable turnover is equal to 6, what is the average payment period?Select one:a.6 daysb.70 daysc.60 daysd.1/6 day

If a company has RM200,000 in Costs of goods sold, RM 15,000 inventories and RM 12,500 inventories. What is its average payment period?A.24 daysB.20.4134 daysC.24.8125 daysD.22.8125 days

The interest accrued on $6,400 at 6% for 75 days is: (Use 360 days a year.)Multiple Choice$448.$45.$38.$192.$80.

You have the following daily price data for a company share.  The prices for the past 7 days are $9.40, $8.84, $8.69, $8.03, $8.23, $9.58 and $8.31 respectively.  Use it to compute the 6-day moving average over the period.Question 8Answera.$8.79; $8.61b.$8.79; $8.79c.$8.97; $8.61d.$8.97; $8.79e.$8.97; $8.96f.$9.15; $8.79g.$9.15; $8.96

The number of days (X) after mailout it takes a utility company to receive payment for a customer’s bill is a normal random variable with a mean of 31 days and a standard deviation of 6 days.The probability is 0.997 that a bill will be received between which of the following number of days? (13, 49) (19, 43) (25, 37)

Select Any One Of the Following Options: Average Payables Period of a firm in year 1 is 134 days, Year 2 is 109 days and Year 3 is 78 days. The trend MAY NOT indicate the following (Choose any one option)Suppliers of the firm may have tightened their credit terms over the last 3 years The firm may be facing difficulty in making timely payments to suppliers The firm may be comfortable on the liquidity front The firm may be keen to avail of cash discount