Frank’s Franks posted a cost of goods sold of $5,000 and had an averag

Frank’s Franks posted a cost of goods sold of $5,000 and had an average payables of $125. Calculate the Accounts Payable Period.

A) 10.2
B) 9.125
C) 13.41
D) 7.65
E) 8.54

 

 

ANSWER

B

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