A Company Reports Ending Accounts Payable of $1,271 and Cost

question 5

Multiple Choice

A company reports ending accounts payable of $1,271 and cost of goods sold of $11,315.Compute days' payable outstanding.

• A)30 days
• B)45 days
• C)36 days
• D)33 days
• E)41 days

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Definitions:

FITT Principle

A guideline for creating an effective exercise program that emphasizes Frequency, Intensity, Time, and Type of exercise.

Muscular Strength

The greatest level of strength a muscle or group of muscles can demonstrate in one single attempt.

Muscular Endurance

The ability of a muscle to exert force consistently over an extended period without fatigue.

Physically Active

Engaging in bodily movements that expend energy, ranging from light activities to structured exercise.