20212020Commercial obligations13001400Write-offs of inventories for the financial year due to destruction4000Fee stocks(after write-off)9001100Cost of sales (including inventory write-off)1800016000Based on the above, the traffic speed index of suppliers (times) of the year 2021 shows the actual payments to suppliers and which is comparable to the corresponding index of 2020. How much is it?

To calculate the traffic speed index of suppliers for the year 2021 compared to 2020, we need to use…

Answered: Based on the above, the traffic speed…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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	2021	2020
Commercial obligations	1300	1400
Write-offs of inventories for the financial year due to destruction	400	0
Fee stocks(after write-off)	900	1100
Cost of sales (including inventory write-off)	18000	16000

Based on the above, the traffic speed index of suppliers (times) of the year 2021 shows the actual payments to suppliers and which is comparable to the corresponding index of 2020. How much is it?

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