XYZ Company's Average Accounts payable is OMR 240,000 and total Purchases is OMR 700,000. The Cash purchases are 30% of total purchases. In this case, the Average payment period of the company will be: O a. 145.75 days O b. 182.94 days O c. 192.67 days o d. 178.78 days
XYZ Company's Average Accounts payable is OMR 240,000 and total Purchases is OMR 700,000. The Cash purchases are 30% of total purchases. In this case, the Average payment period of the company will be: O a. 145.75 days O b. 182.94 days O c. 192.67 days o d. 178.78 days
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
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