The payable amount Introduction: Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows: Accounts payable period = No of days or months Payable turnover

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Answer 1

Question

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

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Answer 2

Question

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

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Answer 3

Question

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

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Answer 4

Question

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

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Answer 5

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 6

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 7

Chapter 18, Problem 8QP

a)

Summary Introduction

To determine: The payable amount

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 8

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 9

b)

Summary Introduction

To determine: The payable amount when payable period is 90 days

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 10

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 11

c)

Summary Introduction

To determine: The payable amount when payable period is 60 days.

Introduction:

Payable period: Accounts payable period is also termed as day’s payable period, which is the period the company takes to pay its invoice from the creditors. The formula to calculate accounts payable period is as follows:

Accounts payable period=No of days or monthsPayable turnover

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 18.1 - What is the difference between net working capital...Ch. 18.1 - Prob. 18.1BCQ Ch. 18.1 - List five potential sources of cash.Ch. 18.1 - Prob. 18.1DCQ Ch. 18.2 - Prob. 18.2ACQ Ch. 18.2 - Prob. 18.2BCQ Ch. 18.2 - Prob. 18.2CCQ Ch. 18.3 - What keeps the real world from being an ideal one...Ch. 18.3 - What considerations determine the optimal size of...Ch. 18.3 - Prob. 18.3CCQ

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