A Company with Accounts Payables of $35,000 and Cost of Goods

question 84

Multiple Choice

A company with accounts payables of $35,000 and cost of goods sold of $300,000 would have days in payables of

• A)24 days.
• B)32 days.
• C)43 days.
• D)The answer is not one of the above choices.

---

Definitions:

Time Management Skill

The ability to use one's time effectively or productively, especially at work.

High-priority Tasks

High-priority Tasks are tasks that are deemed of high importance and urgency, requiring immediate attention and action.

Core Work Tasks

Essential activities or duties that are central to a job or position, which contribute to the achievement of an organization's goals.

Reading A Magazine

The activity of browsing through a magazine, which is a periodical publication containing articles, photographs, and advertisements on various subjects.