What is the average accounts payable balance

Reference no: EM13264748

Al's Meat Market has annual sales of $523,000 and cost of goods sold of $358,000. The profit margin is 4.2 percent and the accounts payable period is 38 days. What is the average accounts payable balance?

$9,421
$13,763
$37,271
$48,211
$54,449

Reference no: EM13264748

Questions Cloud

Explain concept of envelope detection for large carrier am : Explain the concept of Envelope detection for Large Carrier AM. Why is Large Carrier preferred over Suppressed Carrier method for Double Sideband AM in broadcast environment.

What are the distinctions between the ways each one is used : explain the use of the Op Amp as a difference amplifier and as a comparator. What are the distinctions between the ways each one is used.

Explain the activation energy of the reverse reaction : For the elementary process N2O5 (g) = NO2(g) + NO3 (g) the activation energy (Ea) and overall Delta E are 154 KJ/mol, and 136 KJ/mol, respectively. What is the activation energy of the reverse reaction.

Explain equimolar samples of the same ideal gas : Compare the rms speeds. Compare the average kinetic energy. -Consider equimolar samples of the same ideal gas at the same temperature, but different volumes. Sample A has a larger volume than Sample B

What is the average accounts payable balance : Al's Meat Market has annual sales of $523,000 and cost of goods sold of $358,000. The profit margin is 4.2 percent and the accounts payable period is 38 days. What is the average accounts payable balance?

Compute the change in the helmholtz potential : A cylinder contains a piston on each side of which is one kilomole of an ideal gas. The walls of the cylinder are diathermal, compute the change in the Helmholtz potential

What are the distinctions between the ways each one is used : explain the use of the Op Amp as a difference amplifier and as a comparator. What are the distinctions between the ways each one is used.

Defines what will be delivered as part of the project : The project scope defines what will be delivered as part of the project, and in some ways, it can be likened to the term vision. That said, whose view and needs should be expressed in a project's scope? What items need to be addressed in defining the..

User Account

All Pages